Housing costs in Glen Arbor township?
A typical home costs
$1,275,700, which is 277.3% more expensive than the national average of
$338,100 and 483.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Glen Arbor township costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 14.7% more than the state average of
$1,100.
Can I afford Glen Arbor township?
To live comfortably in Glen Arbor township, Michigan, a minimum annual income of
$244,440 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Glen Arbor township?
Glen Arbor Township, MI offers its residents an affordable cost of living. According to the most recent livability index, Glen Arbor has a total livability score of 77 out of 100. This score is significantly higher than the US average livability score of 66. This is due to low housing costs and steady job opportunities in the area. The median home price in Glen Arbor is $134,500, which is lower than the national average home price of $231,800. Furthermore, utility costs such as electricity, natural gas and water are relatively low in comparison to other areas across Michigan. With these factors taken into account, it is clear that Glen Arbor Township offers residents an attractive cost of living option.