Housing costs in Lakeview?
A typical home costs
$170,500, which is 49.6% less expensive than the national average of
$338,100 and 22.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Lakeview costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$1,100.
Can I afford Lakeview?
To live comfortably in Lakeview (zip 48850), Michigan, a minimum annual income of
$32,760 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Lakeview?
Living in 48850 Lakeview, MI is quite affordable. The median home value in the area is $108,500 which is well below the national average of $184,700. The cost of living index is 89.5 which is below the U.S average of 100, making it an excellent choice for those looking for a place to settle down without breaking the bank. Groceries and utilities are also much more affordable than other areas of the country as well. Overall, living in 48850 Lakeview, MI offers an excellent quality of life at a cost that won't strain your wallet too much.