Zip 49116 (Lakeside, MI) Cost of Living


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United States / Michigan / Niles Metro Area / Berrien County / No City / Lakeside (zip 49116)
How much do I need to live in Lakeside, Michigan?
$12,480 / month
for a family, 131.1% more expensive than the national average A total of $149,760 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Lakeside cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Lakeside (zip 49116), Michigan gets a BestPlaces Cost of Living score of 88.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% lower than the U.S. average and 3.7% higher than the average for Michigan.

Zip 49116 (Lakeside, MI)

Housing costs in Lakeside?
A typical home costs $781,100, which is 131.0% more expensive than the national average of $338,100 and 257.2% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lakeside costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 15.8% cheaper than the state average of $1,100.

Can I afford Lakeside?
To live comfortably in Lakeside (zip 49116), Michigan, a minimum annual income of $149,760 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Lakeside?
The cost of living in 49116 Lakeside, MI is slightly higher than the national average. According to the most recent data, the median home price in the area is around $190,000 and the median rental price for a two-bedroom apartment is approximately $1,200 per month. The cost of groceries and other essential items are also slightly higher than the national average. However, there are plenty of job opportunities available in this area which can help to offset these costs. Additionally, Lakeside offers plenty of activities for all to enjoy including outdoor activities such as swimming, golfing, hiking, and horseback riding as well as cultural attractions like museums and art galleries. Overall, living in Lakeside is a great value with its beautiful scenery and many attractions!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLakesideMichiganUnited States
    Unlock91.5100.0
  100.9  Unlock100.0
    Unlock84.8100.0
  240.9  Unlock100.0
    Unlock$218,700$338,100
  86.2  Unlock100.0
    Unlock115.1100.0
  94.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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