Cost of Living in Holt, MI
Housing
The housing market plays a significant role in determining the cost of living in Holt, MI.
- Housing Index: 85.0 / 100
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1416 per month
Considering a move to Holt, MI? The housing index of 85.0 suggests a relatively affordable market. With a median home price of 205000 and average rents of 1350 for apartments and 1416 for houses, housing costs remain accessible. These figures point to a steady demand, possible investment opportunities, and may appeal to first-time buyers. Additionally, be sure to explore local amenities, community vibe, and employment prospects to ensure the move aligns with your lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Holt, 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 Holt, 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 Holt is a financially viable option for your relocation.