Housing costs in Sherman township (Keweenaw County)?
A typical home costs
$96,300, which is 71.5% less expensive than the national average of
$338,100 and 56.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sherman township (Keweenaw County) costs
$830 per month, which is 42.0% more than the national average of
$1,430 and 32.5% more than the state average of
$1,100.
Can I afford Sherman township (Keweenaw County)?
To live comfortably in Sherman township (Keweenaw County), Michigan, a minimum annual income of
$18,360 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Sherman township (Keweenaw County)?
The cost of living in Sherman Township (Keweenaw County), MI is relatively low compared to other parts of the state. The median home value is just under $68,000 - much lower than the national average of $184,700. Rent prices are also quite affordable, ranging from $600 for a one-bedroom apartment to about $900 for a three-bedroom unit. Utilities and transportation costs are also fairly low - natural gas costs an average of only $0.58 per therm and the local bus system runs for just 50 cents per ride. This makes life in Sherman Township highly affordable and attractive to those looking for an inexpensive place to call home.