Cost of Living in Howard city, MI
Housing
The housing market plays a significant role in determining the cost of living in Howard city, MI.
- Housing Index: 90.0 / 100
- Median Home Price is: $185,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
If you're considering moving to Howard city, MI, the data indicates a 90.0 of 90.0, suggesting that housing cost is on the lower end compared to the national average. With a median home price of 185000 and average rents of 1200 for a 2-bedroom apartment and 1360 for a 2-bedroom house, the area offers affordable options for potential residents. Additionally, keep in mind that the local economy, proximity to amenities, and quality of schools can also significantly influence your overall living experience. Investing in a home here may be wise given the lower housing costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Howard city, 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.): $220 per month
Living in Howard city, 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 $220 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 Howard city is a financially viable option for your relocation.