Zip 49945 (Lake Linden, MI) Cost of Living


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United States / Michigan / Houghton Metro Area / Houghton County / No City / Lake Linden (zip 49945)
How much do I need to live in Lake Linden, Michigan?
$2,220 / month
for a family, 58.9% less expensive than the national average A total of $26,640 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

Lake Linden cost of living score
80.3
Less expensive
19.7% lower
than the US average
12.2% lower
than the Michigan average
Lake Linden (zip 49945), Michigan gets a BestPlaces Cost of Living score of 80.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% lower than the U.S. average and 12.2% higher than the average for Michigan.

Zip 49945 (Lake Linden, MI)

Housing costs in Lake Linden?
A typical home costs $138,900, which is 58.9% less expensive than the national average of $338,100 and 36.5% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lake Linden costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 29.4% cheaper than the state average of $1,100.

Can I afford Lake Linden?
To live comfortably in Lake Linden (zip 49945), Michigan, a minimum annual income of $26,640 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Lake Linden?
The cost of living in 49945 Lake Linden, MI is relatively low. The median home value for the area is $80,400, which is well below the national average. Additionally, housing costs are significantly lower than the national average with the median rent being $647 per month. Groceries and transportation expenses also tend to fall under national rates. All in all, Lake Linden is a great place to live if you're looking for a reasonably priced place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake LindenMichiganUnited States
    Unlock91.5100.0
  91.4  Unlock100.0
    Unlock84.8100.0
  40.4  Unlock100.0
    Unlock$218,700$338,100
  121.2  Unlock100.0
    Unlock115.1100.0
  95.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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