Much like other places in this area, it's a little less expensive compared to the country as a whole. However compared to the city of Sault Ste. Marie, it is significantly more expensive.
Home prices
The median home in Mackinaw City costs $151,600. In comparison to other places in this area this is approximately $3,540 (2%) lower.It is roughly $65,900 (30%) lower compared to the entire country, and compared to the city of Sault Ste. Marie it is about $59,100 (63%) higher.
Rents
Mackinaw City's median rent is $686 a month. It is approximately $27 (4%) higher in comparison to other places in this area.In comparison to the nation as a whole it is about $376 (35%) lower, and in comparison to the city of Sault Ste. Marie it is roughly $12 (1%) lower.
Nearby places
Carp Lake
Carp Lake is approximately 5 miles south from Mackinaw City. The housing prices there are a little less expensive. The cost of the median home in Carp Lake is $122,500, which works out to $29,100 (23%) lower than Mackinaw City. Its rents are somewhat less expensive. Carp Lake's median monthly rent is $525, which works out to $161 (30%) lower than Mackinaw City.
St. Ignace
St. Ignace is about 5 miles north from Mackinaw City. Its real estate prices are substantially less expensive. The median home in St. Ignace costs $113,300, which works out to $38,300 (33%) lower than Mackinaw City. The rent there is a little less expensive. St. Ignace's median rent is $605 per month, which comes out to $81 (13%) lower than Mackinaw City.
Mackinac Island
Mackinac Island is about 7 miles northeast from Mackinaw City. The real estate prices there are a lot more expensive. The median home value in Mackinac Island is $373,300, which works out to $221,700 (59%) higher than Mackinaw City. Rent there is a bit less expensive. In Mackinac Island the median rent is $595 a month, which works out to $91 (15%) lower than Mackinaw City.
Pellston
Pellston is approximately 13 miles south from Mackinaw City. Housing prices there are a lot less expensive. The median home in Pellston is valued at $86,000, which comes out to $65,600 (76%) lower than Mackinaw City. Its rents are a bit more expensive. Pellston's median rent is $850 a month, which comes out to $164 (19%) higher than Mackinaw City.
Cheboygan
Cheboygan is about 14 miles southeast from Mackinaw City. The housing prices there are significantly less expensive. The median home cost in Cheboygan is $80,600, which is $71,000 (88%) lower than Mackinaw City. The rent there is similar. Cheboygan's median rent is $719 per month, which is $33 (4%) higher than Mackinaw City.
