Housing costs in Sugar Island?
A typical home costs
$181,400, which is 46.3% less expensive than the national average of
$338,100 and 17.1% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sugar Island costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 27.9% more than the state average of
$1,100.
Can I afford Sugar Island?
To live comfortably in Sugar Island, Michigan, a minimum annual income of
$34,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Sugar Island?
The cost of living in Sugar Island, MI is relatively low compared to other areas in the U.S. The median home value in 2019 was $117,400, and the median family income was $42,807. Property taxes are also quite reasonable, with an average rate of .8%. Prices for groceries and other goods are generally average when compared to other parts of the country. Utilities such as gas and electricity are also fairly priced, making it a great place for those looking for an affordable place to live.