Housing costs in Solon township (Leelanau County)?
A typical home costs
$432,800, which is 28.0% more expensive than the national average of
$338,100 and 97.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Solon township (Leelanau County) costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Solon township (Leelanau County)?
To live comfortably in Solon township (Leelanau County), Michigan, a minimum annual income of
$82,800 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Solon township (Leelanau County)?
Solon Township (Leelanau County), MI is a great place to live due to its close proximity to Traverse City and the abundance of outdoor activities. In addition, the cost of living in Solon Township is significantly lower than other parts of Michigan. According to Sperling’s Best Places, the overall cost of living index for Solon Township is 11% lower than the average Michigan community. Housing costs in particular are very affordable, with median home values that are well below the national average. Other expenses such as groceries and utilities also remain comparatively low. With such an attractive cost of living, it’s no wonder that people flock to Solon Township for its beauty and livability.