Housing costs in Michigan City?
A typical home costs
$179,700, which is 46.9% less expensive than the national average of
$338,100 and 18.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Michigan City costs
$960 per month, which is 2.0% cheaper than the national average of
$980 and 2.1% more than the state average of
$940.
Can I afford Michigan City?
To live comfortably in Michigan City (zip 46360), Indiana, a minimum annual income of
$34,560 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Michigan City?
The cost of living in 46360 Michigan City, IN is relatively affordable compared to other places. The overall cost of living index score is 82, which is 18 points lower than the national average. Groceries, housing, transportation, health care, and utilities are all moderately priced. The price of gas averages about 15 cents less than the national average. Overall, residents can expect a modest but comfortable lifestyle while saving money to put towards other expenses or investments.