Housing costs in Ludington?
A typical home costs
$218,100, which is 35.5% less expensive than the national average of
$338,100 and 0.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ludington costs
$880 per month, which is 20.0% cheaper than the national average of
$1,100 and close to the state average of
$870.
Can I afford Ludington?
To live comfortably in Ludington (zip 49431), Michigan, a minimum annual income of
$41,760 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Ludington?
The cost of living in Ludington, MI is relatively low compared to other parts of the country. The median home price in Ludington is around $110,000 which is quite affordable for most families and individuals. In addition, the average cost of goods and services are also lower than in some larger cities. The cost of groceries and utilities tend to remain consistent throughout the year while the housing costs can vary depending on the area and type of home. Overall, Ludington offers an affordable lifestyle for those looking to move or visit the area.