Housing costs in Manistee?
A typical home costs
$197,000, which is 41.7% less expensive than the national average of
$338,100 and 9.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Manistee costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Manistee?
To live comfortably in Manistee (zip 49660), Michigan, a minimum annual income of
$37,800 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Manistee?
The cost of living in 49660 Manistee, MI is generally considered to be quite reasonable. According to bestplaces.net, the cost of living index in Manistee is 79.7 compared to the national average of 100. This number means that the cost of goods and services in Manistee is about 20% lower than the national average. The median home value in Manistee is $73,900, which is about 25% lower than the national median home value of $224,000. The median household income in Manistee is $38,047, which is significantly lower than the national median household income of $63,179. Overall, living in 49660 Manistee provides a favorable cost of living situation for residents.