Housing costs in Sault Ste. Marie?
A typical home costs
$141,700, which is 58.1% less expensive than the national average of
$338,100 and 35.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sault Ste. Marie costs
$920 per month, which is 16.4% cheaper than the national average of
$1,100 and 3.3% more than the state average of
$890.
Can I afford Sault Ste. Marie?
To live comfortably in Sault Ste. Marie (zip 49783), Michigan, a minimum annual income of
$27,000 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Sault Ste. Marie?
The cost of living in Sault Ste. Marie, MI is relatively low compared to many other areas. The median home value in this area is just under $100,000, making it an affordable place to live for most families. Additionally, the average rent is quite reasonable at $700 per month for a two bedroom apartment, and food costs are also fairly low when compared with other parts of the country. While prices have been rising recently due to increased demand for housing and amenities, they are still significantly lower than similar cities around the country. All in all, Sault Ste. Marie offers a high quality of life at a relatively low cost of living.