Housing costs in Trout Lake?
A typical home costs
$162,300, which is 52.0% less expensive than the national average of
$338,100 and 25.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Trout Lake 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 Trout Lake?
To live comfortably in Trout Lake (zip 49793), Michigan, a minimum annual income of
$30,960 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Trout Lake?
The cost of living in 49793 Trout Lake, MI is quite reasonable. Prices for goods and services in the area are generally lower than those in more crowded urban areas, and the median home price sits at around $119,000 - making it an affordable place to live. There is also a low unemployment rate and plenty of job opportunities in the area, making it easier to make ends meet. The cost of groceries and other daily expenses can be kept relatively low by shopping at local farmers markets or taking advantage of weekly sales at local stores. All in all, it's an affordable place to live and start a family!