Housing costs in Michigan City?
A typical home costs
$88,300, which is 73.9% less expensive than the national average of
$338,100 and 63.3% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Michigan City costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 9.5% cheaper than the state average of
$920.
Can I afford Michigan City?
To live comfortably in Michigan City, North Dakota, a minimum annual income of
$16,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Michigan City?
The cost of living in Michigan City, ND is lower than the national average. This is mainly due to the low housing costs and low taxes. The median home value in Michigan City is $120,000, which is nearly 20% below the U.S. median home value of $151,000. Additionally, residents in Michigan City pay an average of 4.5% state income tax rate, which is lower than the national average of 5%. This allows people to keep more money in their pockets when it comes to making ends meet each month. Furthermore, groceries and other goods are reasonably priced in comparison with other cities across the nation. All of these factors make living in Michigan City a great option for those looking for a reasonably affordable lifestyle.