Similar to other places in this area, it is a lot less expensive compared to the entire nation. Compared to the city of Marquette, it's substantially less expensive.
Home prices
The cost of the median home in Munising is $99,200. It is approximately $4,420 (4%) higher in comparison to nearby areas.In comparison to the rest of the country it is approximately $118,300 (54%) lower, and in comparison to the city of Marquette it is about $88,100 (47%) lower.
Rents
Munising's median rent is $612 per month. Compared to its nearby areas it is approximately $30 (5%) higher.It is approximately $450 (42%) lower compared to the US as a whole, and it is roughly $183 (23%) lower in comparison to the city of Marquette.
Nearby places
Chatham
Chatham is about 12 miles west from Munising. Its housing prices are a bit more expensive. Chatham's median home value is $106,600, which is $7,400 (6%) higher than Munising. Rents there are a bit less expensive. In Chatham the median rent is $546 per month, which comes out to $66 (12%) lower than Munising.
Harvey
Harvey is approximately 28 miles west of Munising. The real estate prices there are significantly more expensive. The cost of the median home in Harvey is $174,400, which works out to $75,200 (43%) higher than Munising. Rents there are somewhat more expensive. In Harvey the median monthly rent is $666, which works out to $54 (8%) higher than Munising.
K. I. Sawyer
K. I. Sawyer is about 29 miles west from Munising. The housing prices there are a lot less expensive. The median home in K. I. Sawyer costs $48,200, which is $51,000 (105%) lower than Munising. The rent there is a bit more expensive. In K. I. Sawyer the median monthly rent is $666, which works out to $54 (8%) higher than Munising.
Manistique
Manistique is approximately 32 miles southeast from Munising. Its housing prices are substantially less expensive. The cost of the median home in Manistique is $61,000, which comes out to $38,200 (62%) lower than Munising. Its rents are somewhat less expensive. In Manistique the median rent is $564 per month, which comes out to $48 (8%) lower than Munising.
Gwinn
Gwinn is roughly 32 miles west from Munising. The housing prices there are somewhat less expensive. The median home price in Gwinn is $83,700, which comes out to $15,500 (18%) lower than Munising. Rents there are a little less expensive. In Gwinn the median monthly rent is $469, which works out to $143 (30%) lower than Munising.