Housing costs in Mackinaw City?
A typical home costs
$232,700, which is 31.2% less expensive than the national average of
$338,100 and 6.4% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Mackinaw City costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 26.4% cheaper than the state average of
$1,100.
Can I afford Mackinaw City?
To live comfortably in Mackinaw City (zip 49701), Michigan, a minimum annual income of
$44,640 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Mackinaw City?
The cost of living in 49701 Mackinaw City, MI is relatively low. The cost of housing and basic utilities are lower than the national average, making it an attractive area for those who want to save money. Food costs tend to be higher due to the town’s remote location, but overall, the expenses associated with living in this area are still significantly lower than other US locations. Additionally, there is no state income tax in Michigan which further contributes to the savings potential when living in 49701 Mackinaw City.