Housing costs in South Gull Lake?
A typical home costs
$395,700, which is 17.0% more expensive than the national average of
$338,100 and 80.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in South Gull Lake costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$1,100.
Can I afford South Gull Lake?
To live comfortably in South Gull Lake, Michigan, a minimum annual income of
$75,960 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about South Gull Lake?
The cost of living in South Gull Lake, MI is relatively low compared to other cities in the U.S. According to BestPlaces, the cost of living index for South Gull Lake is 74.6, which is much lower than the national average of 100. A single person monthly costs: 540.90$ without rent. Rent in South Gull Lake is, on average, around $520 per month for a one-bedroom apartment and $700 per month for a three-bedroom apartment. Groceries are also fairly inexpensive here, with a market basket of basic goods coming in at under $50 each week. In addition to this affordable cost of living, South Gull Lake also offers a variety of entertainment and recreation options that make it an ideal place to live for those looking to save money while enjoying their surroundings.