Housing costs in Suttons Bay?
A typical home costs
$489,300, which is 44.7% more expensive than the national average of
$338,100 and 123.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Suttons Bay costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 13.4% more than the state average of
$1,100.
Can I afford Suttons Bay?
To live comfortably in Suttons Bay (zip 49682), Michigan, a minimum annual income of
$93,600 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Suttons Bay?
The cost of living in 49682 Suttons Bay, MI is relatively low compared to many cities across the United States. The median home cost in this area is $288,400, which is considerably lower than the national average of $231,200. In addition, the median household income in this area is approximately $46,082 per year. This makes it an attractive option for those looking for a place to call home while keeping their expenses under control. Additionally, grocery costs are 6% lower than the average American city and transportation costs are 10% less than the national average. All these elements contribute to make Suttons Bay an affordable community that offers a great quality of life for those who choose to settle there.