Housing costs in Negaunee township?
A typical home costs
$305,700, which is 9.6% less expensive than the national average of
$338,100 and 39.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Negaunee township costs
$900 per month, which is 37.1% more than the national average of
$1,430 and 22.2% more than the state average of
$1,100.
Can I afford Negaunee township?
To live comfortably in Negaunee township, Michigan, a minimum annual income of
$58,680 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Negaunee township?
Negaunee Township, MI has a relatively low cost of living, making it an attractive place for people looking to settle down. According to the most recent data available, the overall cost of living index in this area is about 11% lower than the national average. The median home value in Negaunee Township is $113,400 which is significantly lower than both the state and national averages. Additionally, goods and services are reasonably priced when compared to other nearby cities. Utilities costs are also reasonable with electricity being on par with the national average and natural gas expenses being slightly cheaper. All in all, Negaunee Township provides an excellent quality of life that comes with a relatively low cost of living.