Cost of Living in Holton, MI
Housing
The housing market plays a significant role in determining the cost of living in Holton, MI.
- Housing Index: Data is updating
- Median Home Price is: $203,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Holton, MI? With a median home price of 203000, the housing market may seem appealing. However, the housing index at 0.0 suggests a potentially stagnant market, which could impact property values in the future. Not having data on average rents reinforces uncertainty. For those looking to invest in homeownership rather than renting, now might be a strategic opportunity. Remember that housing dynamics can be influenced by local economy and future job growth. Assess these factors carefully before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Holton, 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 Holton, 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 Holton is a financially viable option for your relocation.