Cost of Living in Allendale, MI
Housing
The housing market plays a significant role in determining the cost of living in Allendale, MI.
- Housing Index: Data is updating
- Median Home Price is: $264,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Allendale, MI, the housing market presents an intriguing landscape. With a median home price of 264000, buyers are met with a relatively affordable entry point compared to national averages. However, the absence of available rental data—both for 2-bedroom apartments and houses—suggests a potential limitation in rental options. A housing index of 0.0 indicates there may be challenges in supply. Potential residents should assess local job markets and amenities, as well as the long-term appreciation potential of home values for financial decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Allendale, MI.
- Electricity Price: $19.88 USD (median by state)
- Natural Gas Price: $15.42 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Allendale, MI could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $15.42 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Allendale is a financially viable option for your relocation.