Bridgman, Michigan

Cost of living in Bridgman, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganhigh
  • Median household incomehigh

Is it expensive to live in Bridgman, Michigan? When calculating the cost of living in Bridgman, 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 Bridgman, 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 highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Bridgman is $71,133 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Bridgman, Michigan

The sales tax rate in Bridgman, Michigan is 6.0%. Last year, the average property taxes paid was 1.3% Bridgman, Michigan.

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

Housing costs in Bridgman, Michigan

  • The average cost of a single-family home compated to USAhigh
  • The average cost of a single-family home compated to Michiganthe highest

In Bridgman, Michigan, 76% of the population owns their homes, while approximately 24% rent. The average cost of a single-family home in Bridgman, Michigan in 2022 is $294,156 which is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics 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 $640 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$640the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$820lowAnalytics 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$1,220lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest