Housing costs in Skidway Lake?
A typical home costs
$75,400, which is 77.7% less expensive than the national average of
$338,100 and 65.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Skidway Lake costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 42.9% cheaper than the state average of
$1,100.
Can I afford Skidway Lake?
To live comfortably in Skidway Lake, Michigan, a minimum annual income of
$14,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Skidway Lake?
The cost of living in Skidway Lake, MI is fairly low compared to other parts of the country. The average home prices are quite affordable at around $150,000, while the median household income is just over $40,000 a year. Other costs such as groceries, gas, and utilities are also quite reasonable. In fact, Michigan has been ranked as one of the Most Affordable States in America by Forbes magazine due to its low cost of living and job opportunities available throughout the state. With its great location near many lakes and recreational activities, Skidway Lake is an attractive option for those looking for a place to call home that won’t break their budget.