Housing costs in Vineyard Lake?
A typical home costs
$288,700, which is 14.6% less expensive than the national average of
$338,100 and 32.0% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Vineyard Lake costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 6.8% cheaper than the state average of
$1,100.
Can I afford Vineyard Lake?
To live comfortably in Vineyard Lake, Michigan, a minimum annual income of
$55,440 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Vineyard Lake?
The cost of living in Vineyard Lake, MI is lower than many other areas in the United States. Despite its close proximity to major cities such as Detroit and Grand Rapids, the median house prices are still relatively affordable, averaging around $210,000. The cost of groceries and utilities are also quite reasonable when compared to bigger cities. Overall, Vineyard Lake is a great place to live if you're looking for an affordable home with good amenities.