Otsego Lake, Michigan is a small town located in central Michigan. It has a total population of just over 1,000 people and is known for its beautiful lake views and activities. According to the rankings from BestPlaces, Otsego Lake ranks highly in livability metrics such as cost of living, housing affordability, education quality, job market and amenities to name a few. The cost of living index for Otsego Lake is surprisingly low for the area at 95.2 compared to the U.S. average of 100; this makes it an attractive location for those looking to lower their living costs or invest in property. The housing affordability rate is also high at 97 out of 100; this means that housing prices are relatively low compared to many other local areas making it an ideal place for people who want affordable housing options. Education quality in Otsego Lake is considered above average with scores ranging from 6-9 out of 10; while the job market in the area also scores well with a score of 8 out of 10. With all these factors taken into account, it's easy to see why Otsego Lake ranks highly among other places when looking at livability metrics like cost of living, housing affordability and education quality.
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