Housing costs in Leland?
A typical home costs
$1,029,300, which is 204.4% more expensive than the national average of
$338,100 and 370.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Leland costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 28.6% more than the state average of
$1,100.
Can I afford Leland?
To live comfortably in Leland (zip 49654), Michigan, a minimum annual income of
$197,280 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Leland?
The cost of living in 49654 Leland, MI is relatively low compared to other areas in the country. The median home price is just above $200,000, and the median rent for a two-bedroom apartment is just under $900 per month. Transportation costs are also affordable, with gas prices below the national average. The area's overall cost of living index is slightly higher than the national average; however, residents still enjoy a lower cost of living than many other parts of the US.