Much like other places in this area, it's a lot less expensive compared to the country as a whole. Compared to the city of Marquette, it's a lot less expensive.
Home prices
The cost of the median home in Laurium is $75,700. It is roughly $2,380 (3%) higher compared to the surrounding areas.In comparison to the entire nation it is roughly $141,800 (65%) lower, and compared to the city of Marquette is approximately $111,600 (59%) lower.
Rents
The median monthly rent in Laurium is $525. This is approximately $142 (21%) lower in comparison to nearby areas.In comparison to the country as a whole it is roughly $537 (50%) lower, and is roughly $270 (33%) lower in comparison to the city of Marquette.
Nearby places
Calumet
Calumet is approximately 1.0 miles northwest from Laurium. Its housing prices are a bit less expensive. Calumet's median home value is $58,200, which works out to $17,500 (30%) lower than Laurium. Its rents are somewhat more expensive. In Calumet the median monthly rent is $572, which works out to $47 (8%) higher than Laurium.
Lake Linden
Lake Linden is roughly 2 miles southeast from Laurium. Its real estate prices are somewhat less expensive. The median home in Lake Linden costs $71,900, which works out to $3,800 (5%) lower than Laurium. Rents there are a little less expensive. In Lake Linden the median monthly rent is $494, which comes out to $31 (6%) lower than Laurium.
Hubbell
Hubbell is approximately 3 miles south from Laurium. Real estate prices there are somewhat less expensive. The value of the median home in Hubbell is $71,900, which works out to $3,800 (5%) lower than Laurium. Rents there are a bit more expensive. In Hubbell the median rent is $716 per month, which is $191 (26%) higher than Laurium.
Copper City
Copper City is about 3 miles northeast from Laurium. Real estate prices there are significantly less expensive. The median home in Copper City costs $46,100, which works out to $29,600 (64%) lower than Laurium. Rents there are a lot more expensive. Copper City's median rent is $810 a month, which is $285 (35%) higher than Laurium.
Dollar Bay
Dollar Bay is approximately 7 miles southwest of Laurium. Real estate prices there are a lot more expensive. The median home in Dollar Bay costs $118,500, which is $42,800 (36%) higher than Laurium. Rents there are a bit more expensive. In Dollar Bay the median rent is $745 per month, which comes out to $220 (29%) higher than Laurium.
