Housing costs in Drummond Island?
A typical home costs
$181,800, which is 46.2% less expensive than the national average of
$338,100 and 16.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Drummond Island costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 26.4% cheaper than the state average of
$1,100.
Can I afford Drummond Island?
To live comfortably in Drummond Island (zip 49726), Michigan, a minimum annual income of
$34,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Drummond Island?
The cost of living in 49726 Drummond Island, MI is relatively affordable compared to other areas in Michigan. The area has low taxes and the median home price is around $130,000, making it an attractive option for those who are looking to purchase a home or rent an apartment or house. Additionally, food prices tend to be lower than the U.S. average, and goods and services are generally very reasonable in comparison with other parts of the state. The population of Drummond Island is small but growing, so there are plenty of job opportunities in the area as well as a variety of entertainment options available for residents to enjoy.