Housing costs in Interlochen?
A typical home costs
$274,900, which is 18.7% less expensive than the national average of
$338,100 and 25.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Interlochen costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Interlochen?
To live comfortably in Interlochen (zip 49643), Michigan, a minimum annual income of
$52,560 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Interlochen?
Interlochen, MI has an overall cost of living that is slightly above the US average. This is mainly due to higher than average housing costs, which are over 25% higher than the national average. Despite this, while groceries and utilities are also slightly more expensive, transportation and health care costs tend to be in line with the national average. Additionally, there are no state income taxes in Michigan which helps keep overall living costs down. All in all, Interlochen provides a high quality of life at a price tag that is still reasonable for most budgets.