Cost of Living in Lathrup village, MI
Housing
The housing market plays a significant role in determining the cost of living in Lathrup village, MI.
- Housing Index: Data is updating
- Median Home Price is: $225,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Lathrup village, MI? With a median home price of 225000, the market remains relatively affordable. However, the absence of data on the housing index and average rents for a 2BR apartment or house indicates potential variability in availability and living conditions. The balance between homeownership opportunities and rental options is essential. For future prospects, investigate local amenities, job opportunities and neighborhood characteristics to make a well-informed decision. Overall, your options might offer a compelling foundation depending on your finances and lifestyle preferences.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lathrup village, 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 Lathrup village, 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 Lathrup village is a financially viable option for your relocation.