Sandstone, MI is a beautiful small town located in the Upper Peninsula of Michigan. It is a great place to live if you're looking for a peaceful atmosphere and an affordable cost of living. The average rent for a 2 bedroom apartment in Sandstone, MI is only $940 compared to the national US average of $1,430. The grocery cost index in Sandstone, MI is also particularly low at 94 compared to the US average of 100.
The town boasts some great local businesses including Zima’s Country Store, which offers fresh produce and home-cooked meals for locals. Another favorite spot is Bud's Barber Shop which offers haircuts and shaves at reasonable rates. There are also some great restaurants in the area like Seams and Tiles Pizza that serve up delicious pizzas and sandwiches.
Overall, Sandstone offers a safe and inexpensive lifestyle for those who wish to take advantage of it. With its warm atmosphere and lower costs, it's no wonder why so many people choose this town as their ideal place to live!
Sandstone has an unemployment rate of 5.9%. The US average is 6.0%.
Sandstone has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Sandstone
- The Sales Tax Rate for Sandstone is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sandstone is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sandstone
- The average income of a Sandstone resident is $28,642 a year. The US average is $28,555 a year.
- The Median household income of a Sandstone resident is $74,474 a year. The US average is $69,021 a year.