Housing costs in Michigamme township?
A typical home costs
$215,400, which is 36.3% less expensive than the national average of
$338,100 and 1.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Michigamme township costs
$910 per month, which is 36.4% more than the national average of
$1,430 and 20.9% more than the state average of
$1,100.
Can I afford Michigamme township?
To live comfortably in Michigamme township, Michigan, a minimum annual income of
$41,400 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Michigamme township?
Michigamme Township, MI is an affordable place to live. The median home value is $60,500, which is much lower than the national average of $184,700. Renters will find costs to be quite affordable as well, with a median rent of only $638 per month. Utilities are also quite reasonable, with the average cost for electricity running around $99 per month and natural gas ranges around $64 per month. Although Michigamme Township may not have all the amenities that larger cities often offer, it is a great option for those looking to live in a quiet small town while still keeping costs low.