Housing costs in Bark River?
A typical home costs
$155,600, which is 54.0% less expensive than the national average of
$338,100 and 28.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Bark River costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Bark River?
To live comfortably in Bark River (zip 49807), Michigan, a minimum annual income of
$29,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Bark River?
The cost of living in 49807 Bark River, MI is notably lower than the national average. The median household income is around $45,000 and the median home value is around $100,000. The housing market offers a variety of homes at an affordable price point. Renters can usually find an apartment or house for under $1,000 per month. Food costs are also relatively low compared to other cities, with an average meal for two costing about $30. Utilities such as electricity and water are also quite affordable. All in all, people living in Bark River can enjoy a comfortable lifestyle on a relatively low budget.