Cost of Living in Schoolcraft, MI
Housing
The housing market plays a significant role in determining the cost of living in Schoolcraft, MI.
- Housing Index: Data is updating
- Median Home Price is: $198,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Moving to Schoolcraft, MI could prove to be a fiscally attractive option, particularly with a median home price of 198000. While the housing index and average rent for a 2-bedroom apartment and house appear unspecified, this suggests a potentially competitive or negotiable rental market. It could indicate opportunities for first-time buyers or those looking to relocate without facing steep rent costs. Additionally, research the local job market and community amenities to make an informed decision about this cost-effective option. Remember, the insights into housing are as significant as the context behind them.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Schoolcraft, 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 Schoolcraft, 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 Schoolcraft is a financially viable option for your relocation.