Housing costs in Canadian Lakes?
A typical home costs
$234,800, which is 30.6% less expensive than the national average of
$338,100 and 7.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Canadian Lakes costs
$860 per month, which is 21.8% cheaper than the national average of
$1,100 and 3.5% more than the state average of
$830.
Can I afford Canadian Lakes?
To live comfortably in Canadian Lakes (zip 49346), Michigan, a minimum annual income of
$45,000 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Canadian Lakes?
The cost of living in 49346 Canadian Lakes, MI is relatively low compared to many other locations. According to BestPlaces, the overall cost of living index is 81.8, which is lower than the national average. Housing costs are particularly low, with a rent index of 47.9 and a purchasing power index of 99.8. The transportation costs in the area are also affordable, with an average gas price at around $2.50 per gallon and public transportation costing just $1 per ride. All in all, 49346 Canadian Lakes, MI provides an excellent cost of living for those who choose to live here.