Housing costs in Marquette?
A typical home costs
$259,200, which is 23.3% less expensive than the national average of
$338,100 and 18.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Marquette costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,100.
Can I afford Marquette?
To live comfortably in Marquette, Michigan, a minimum annual income of
$49,680 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Marquette?
Marquette, MI is known for its affordable cost of living. The city experiences a median home price that is around $150,000 and rental prices that are lower than the national average. Utility costs in Marquette are also lower than average, making it an ideal place to live if you're looking for a budget-friendly option. Additionally, the city has a low sales tax rate and variety of tax credits and exemptions available, which help make the area even more affordable.