Cost of Living in Burr oak, MI
Housing
The housing market plays a significant role in determining the cost of living in Burr oak, MI.
- Housing Index: Data is updating
- Median Home Price is: $165,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Burr oak, MI? With a median home price of 165000, it appears housing is fairly affordable compared to many markets. However, it's crucial to note that the housing index at 0.0 suggests fluctuating prices may lie ahead. The lack of rent data – averaging 0.0 for apartments and 0.0 for houses – indicates limited rental availability, which might make purchasing a home a more viable option for long-term residents. Always check the local job market and amenities to ensure it aligns with your living expectations.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Burr oak, 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 Burr oak, 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 Burr oak is a financially viable option for your relocation.