Housing costs in Boyne City?
A typical home costs
$322,500, which is 4.6% less expensive than the national average of
$338,100 and 47.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Boyne City costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,100.
Can I afford Boyne City?
To live comfortably in Boyne City (zip 49712), Michigan, a minimum annual income of
$61,920 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Boyne City?
The cost of living in 49712 Boyne City, MI is fairly affordable. The median home value is around $154,200 and the median rent is just under $700 a month. The unemployment rate here is also lower than the national average at 4.4%, and the area has seen some growth in recent years. Groceries, utilities, and transportation costs are all around 10% below the national average. In general, you can find a good balance between affordability and quality of life in Boyne City, MI.