Cost of Living in Prudenville, MI
Housing
The housing market plays a significant role in determining the cost of living in Prudenville, MI.
- Housing Index: Data is updating
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Prudenville, MI, we observe the housing index is at an impressive 0.0, suggesting a favorable market for buyers. With a median home price of 175000, properties here may be more affordable than in other regions. However, note that both average rent values for a 2-bedroom apartment and house are reported at 0.0 and 0.0 respectively, indicating a potential lack of rental options or that the data may need further verification. Ensure to evaluate these factors alongside local amenities and employment opportunities when 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 Prudenville, 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 Prudenville, 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 Prudenville is a financially viable option for your relocation.