Housing costs in Big Bay?
A typical home costs
$209,900, which is 37.9% less expensive than the national average of
$338,100 and 4.0% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Big Bay costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,100.
Can I afford Big Bay?
To live comfortably in Big Bay (zip 49808), Michigan, a minimum annual income of
$40,320 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Big Bay?
The cost of living in 49808 Big Bay, MI is quite affordable compared to other areas in the state. Housing costs are relatively low with a median home price of just $99,000 and the city has a very low unemployment rate of only 2.7%. Overall, the cost of living in Big Bay is 13% below the nation's average, making it an ideal place for individuals or families looking for an affordable place to settle down and call home. Additionally, many local businesses offer competitive prices and services that make living here even more economical.