Zip 49963 (South Range, MI) Cost of Living


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United States / Michigan / Houghton Metro Area / Houghton County / No City / South Range (zip 49963)

South Range cost of living score
80.3
Less expensive
19.7% lower
than the US average
12.2% lower
than the Michigan average
South Range (zip 49963), Michigan gets a BestPlaces Cost of Living score of 80.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% lower than the U.S. average and 12.2% higher than the average for Michigan.

Zip 49963 (South Range, MI)

Housing costs in South Range?
A typical home costs $89,900, which is 73.4% less expensive than the national average of $338,100 and 58.9% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in South Range costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 42.9% cheaper than the state average of $1,100.

Can I afford South Range?
To live comfortably in South Range (zip 49963), Michigan, a minimum annual income of $17,280 for a family, and $25,200 for a single person is recommended.

What does A.I. say about South Range?
49963 South Range, MI is an affordable place to live, with the cost of living being just slightly above the national average. The median home cost in the area is around $125,000, making it a great choice for those looking to buy their first home or downsize. Renters and those on a tight budget will find that renting can be quite reasonably priced too. Groceries, transportation, and utilities are also relatively inexpensive when compared to other areas. All in all, 49963 South Range, MI offers great value for money and makes it easy for families and individuals alike to stretch their dollars further.
   Cost of living score
     CategoriesSouth RangeMichiganUnited States
  80.391.5100.0
  90.493.4100
  120.984.8100.0
  33.471.2100.0
  $89,900$218,700$338,100
  121.2%100.1%100.0%
  78.5115.1100.0
  95.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime