Zip 49343 (Sand Lake, MI) Cost of Living


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How much do I need to live in Sand Lake, Michigan?
$3,540 / month
for a family, 34.4% less expensive than the national average A total of $42,480 for the year for a family.
$2,767 / month
for a single person, 42.0% less expensive than the national average A total of $33,200 for the year for a single person.

Sand Lake cost of living score
94.5
Less expensive
5.5% lower
than the US average
3.3% higher
than the Michigan average
Sand Lake (zip 49343), Michigan gets a BestPlaces Cost of Living score of 94.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% lower than the U.S. average and 3.3% lower than the average for Michigan.

Zip 49343 (Sand Lake, MI)

Housing costs in Sand Lake?
A typical home costs $222,300, which is 34.3% less expensive than the national average of $338,100 and 1.6% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Sand Lake costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 10.0% cheaper than the state average of $1,100.

Can I afford Sand Lake?
To live comfortably in Sand Lake (zip 49343), Michigan, a minimum annual income of $42,480 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Sand Lake?
Sand Lake, MI is an affordable area to live in, with a cost of living index of only 93.9. That is 7.1 points lower than the US national average, so it is slightly more affordable than most places. Groceries and housing are especially inexpensive in this area as the median home value is just over $89,000 and groceries are about 10% cheaper than the national average. Utilities are also lower than the US average, making it easy for households to save on their monthly bills. All in all Sand Lake, MI offers an affordable lifestyle that makes it a great place for people to settle down and build lasting memories.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSand LakeMichiganUnited States
    Unlock91.5100.0
  94.0  Unlock100.0
    Unlock84.8100.0
  73.2  Unlock100.0
    Unlock$218,700$338,100
  102.1  Unlock100.0
    Unlock115.1100.0
  101.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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