Breckenridge, Michigan

Cost of living in Breckenridge, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganlow
  • Median household incomelow

Is it expensive to live in Breckenridge, Michigan? When calculating the cost of living in Breckenridge, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Breckenridge, Michigan is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Breckenridge is $46,389 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Breckenridge, Michigan

The sales tax rate in Breckenridge, Michigan is 6.0%. Last year, the average property taxes paid was 1.5% Breckenridge, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Breckenridge, Michigan

  • The average cost of a single-family home compated to USAthe lowest
  • The average cost of a single-family home compated to Michiganthe lowest

In Breckenridge, Michigan, 67% of the population owns their homes, while approximately 33% rent. The average cost of a single-family home in Breckenridge, Michigan in 2022 is $125,784 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $580 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$580the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$760the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,060lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,190lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest