Zip 49626 (Eastlake, MI) Cost of Living


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United States / Michigan / No Metro Area / Manistee County / Eastlake / Eastlake (zip 49626)
How much do I need to live in Eastlake, Michigan?
$1,830 / month
for a family, 66.1% less expensive than the national average A total of $21,960 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Eastlake cost of living score
78.3
Less expensive
21.7% lower
than the US average
14.4% lower
than the Michigan average
Eastlake (zip 49626), Michigan gets a BestPlaces Cost of Living score of 78.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.7% lower than the U.S. average and 14.4% higher than the average for Michigan.

Zip 49626 (Eastlake, MI)

Housing costs in Eastlake?
A typical home costs $114,800, which is 66.0% less expensive than the national average of $338,100 and 47.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Eastlake costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 20.9% cheaper than the state average of $1,100.

Can I afford Eastlake?
To live comfortably in Eastlake (zip 49626), Michigan, a minimum annual income of $21,960 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Eastlake?
The cost of living in 49626 Eastlake, MI is relatively low compared to other parts of the state. The median home price in Eastlake is around $125,000, which is well below the national median of around $200,000. Additionally, the average rent for a one-bedroom apartment in Eastlake stands at an affordable $650 per month. Other costs such as groceries and utilities also remain relatively low compared to other areas in Michigan. With its affordability and strong sense of community, 49626 Eastlake offers a great living option for those looking to relocate to the area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEastlakeMichiganUnited States
    Unlock91.5100.0
  89.9  Unlock100.0
    Unlock84.8100.0
  31.2  Unlock100.0
    Unlock$218,700$338,100
  93.9  Unlock100.0
    Unlock115.1100.0
  88.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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