Housing costs in Mackinac Island?
A typical home costs
$439,400, which is 30.0% more expensive than the national average of
$338,100 and 100.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Mackinac Island costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 5.2% more than the state average of
$1,100.
Can I afford Mackinac Island?
To live comfortably in Mackinac Island (zip 49757), Michigan, a minimum annual income of
$84,240 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Mackinac Island?
The cost of living in 49757 Mackinac Island, MI is higher than the national average. According to Sperling's Best Places, groceries and housing are much more expensive than other parts of the country. This is due to the fact that most goods and services must be imported on or off island, making them more expensive. In addition, there are limited options when it comes to different types of housing available. Despite the higher costs, Mackinac Island is a popular tourist destination with a unique charm that attracts tens of thousands of visitors each year.