Zip 48157 (Luna Pier, MI) Cost of Living


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How much do I need to live in Luna Pier, Michigan?
$2,340 / month
for a family, 56.7% less expensive than the national average A total of $28,080 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Luna Pier cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Luna Pier (zip 48157), Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Zip 48157 (Luna Pier, MI)

Housing costs in Luna Pier?
A typical home costs $146,100, which is 56.8% less expensive than the national average of $338,100 and 33.2% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Luna Pier costs $850 per month, which is 22.7% cheaper than the national average of $1,100 and 25.9% cheaper than the state average of $1,070.

Can I afford Luna Pier?
To live comfortably in Luna Pier (zip 48157), Michigan, a minimum annual income of $28,080 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Luna Pier?
The cost of living in 48157 Luna Pier, MI is quite reasonable. The median home value is around $160,000, which is a great price for the area. The median household income is also quite affordable at approximately $45,000 per year. Additionally, the cost of groceries and other essential items are lower than the national average. This makes Luna Pier a perfect place for anyone looking to stretch their dollars further without compromising on quality.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLuna PierMichiganUnited States
    Unlock91.5100.0
  92.2  Unlock100.0
    Unlock84.8100.0
  48.1  Unlock100.0
    Unlock$218,700$338,100
  103.1  Unlock100.0
    Unlock115.1100.0
  96.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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