Housing costs in Menominee?
A typical home costs
$130,800, which is 61.3% less expensive than the national average of
$338,100 and 40.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Menominee costs
$820 per month, which is 25.5% cheaper than the national average of
$1,100 and close to the state average of
$830.
Can I afford Menominee?
To live comfortably in Menominee (zip 49858), Michigan, a minimum annual income of
$25,200 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Menominee?
The cost of living in 49858 Menominee, MI is quite affordable compared to some regions of the country. The median home price in the area is around $96,600, which is well below the national average and offers plenty of room for growth. Additionally, utilities such as electricity and water are relatively low when compared to other areas in Michigan, making it an ideal place for those who would like to save money on their monthly bills. With its close proximity to Lake Michigan, there are also plenty of recreational activities and attractions nearby that make it a great place to live for all types of people.