Housing costs in Cheboygan?
A typical home costs
$143,100, which is 57.7% less expensive than the national average of
$338,100 and 34.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Cheboygan costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Cheboygan?
To live comfortably in Cheboygan (zip 49721), Michigan, a minimum annual income of
$27,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Cheboygan?
The cost of living in 49721 Cheboygan, MI is very low compared to the national average. The median home value is $125,200, which is 43% lower than the national average. In addition, the median rent is around $862 per month and utilities costs are 8% lower than the average for the United States. Groceries and health care are also below the national index. All these factors make living in 49721 Cheboygan, MI very affordable for many people.