Cost of Living in Hesperia, MI

Housing

The housing market plays a significant role in determining the cost of living in Hesperia, MI.

  • Housing Index: 90.5 / 100
  • Median Home Price is: $155,000
  • Average Rent (2 BR Apartment): $1200 per month
  • Average Rent (2 BR House): $1300 per month

Considering a move to Hesperia, MI? With a housing index of 90.5, this locale is more affordable compared to the national average, showcasing a balance of livability and budget. The median home price is set at 155000, offering an attractive entry point for potential homeowners. Renting options are reasonable, with an average price of 1200 for a 2-bedroom apartment and 1300 for a house. Given these factors, Hesperia presents an appealing opportunity for cost-conscious movers seeking a quality lifestyle.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hesperia, 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.): $250 per month

Living in Hesperia, 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 $250 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 Hesperia is a financially viable option for your relocation.