Housing costs in Algonac?
A typical home costs
$222,900, which is 34.1% less expensive than the national average of
$338,100 and 1.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Algonac costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 10.6% more than the state average of
$1,100.
Can I afford Algonac?
To live comfortably in Algonac (zip 48001), Michigan, a minimum annual income of
$42,840 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Algonac?
The cost of living in 48001 Algonac, MI is quite reasonable. The median home price is around $129,000, which is a bit below the national average. Renting a one bedroom apartment also comes at a reasonable rate of around $800 per month. Groceries are fairly priced, and there are plenty of options for restaurants and entertainment that don't break the bank. Overall, Algonac is an affordable place to live with lots to do and see.