Sand Lake, MI Cost of Living


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How much do I need to live in Sand Lake, Michigan?
$3,900 / month
for a family, 27.8% less expensive than the national average A total of $46,800 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Sand Lake cost of living score
94.5
Less expensive
5.5% lower
than the US average
3.3% higher
than the Michigan average
Sand Lake, Michigan gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 3.3% lower than the average for Michigan.

Sand Lake, MI

Housing costs in Sand Lake?
A typical home costs $244,500, which is 27.7% less expensive than the national average of $338,100 and 11.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Sand Lake costs $980 per month, which is 31.5% cheaper than the national average of $1,430 and 12.2% cheaper than the state average of $1,100.

Can I afford Sand Lake?
To live comfortably in Sand Lake, Michigan, a minimum annual income of $46,800 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Sand Lake?
The cost of living in Sand Lake, MI is relatively low compared to other areas. The median home value is just over $84,000 and the median household income is around $54,000. This area is also known for its lower taxes, with property taxes being very reasonable. Additionally, goods and services are generally priced lower than the national average. With a cost of living that is 7% below the national average, Sand Lake is an attractive destination for those looking for a more affordable lifestyle without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSand LakeMichiganUnited States
    Unlock91.5100.0
  94.0  Unlock100.0
    Unlock84.8100.0
  73.6  Unlock100.0
    Unlock$218,700$338,100
  100.0  Unlock100.0
    Unlock115.1100.0
  101.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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