Cost of Living in Marlette, MI
Housing
The housing market plays a significant role in determining the cost of living in Marlette, MI.
- Housing Index: Data is updating
- Median Home Price is: $130,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Marlette, MI, it's crucial to evaluate the housing climate. With a housing index of 0.0, the current median home price of 130000 is favorable, indicating potential for affordability. However, both the average rent for a 2-bedroom apartment and a 2-bedroom house are currently unreported, which raises questions regarding rental availability. Typically, areas with lower home prices may indicate either lower demand or a burgeoning real estate market. Researching the area's amenities, job market, and future growth potential can further guide your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marlette, 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 Marlette, 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 Marlette is a financially viable option for your relocation.