Cost of Living in Bay port, MI
Housing
The housing market plays a significant role in determining the cost of living in Bay port, MI.
- Housing Index: Data is updating
- Median Home Price is: $176,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Bay port, MI? The housing index is currently at 0.0, indicating a potential buyer’s market. With a median home price of 176000, purchasing property here could represent a cost-effective option compared to national averages. While rental options are absent in the provided data—0.0 for a 2-bedroom apartment and 0.0—availability might be a concern. It's advisable to explore local amenities and market trends further to ensure a well-rounded assessment of your potential new home in Bay port.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bay port, 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 Bay port, 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 Bay port is a financially viable option for your relocation.