Cost of Living in Scotts, MI
Housing
The housing market plays a significant role in determining the cost of living in Scotts, MI.
- Housing Index: Data is updating
- Median Home Price is: $152,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Scotts, MI, the housing index is notably low, suggesting a lack of structured housing market activity or information. However, with a median home price of 152500, it indicates an affordable entry point into homeownership for potential buyers. It's crucial to conduct further research on average rent for 2-bedroom apartments and houses, which are both listed as $0. This could hint at limited availability or missing data. Prospective residents should also consider local amenities and job markets to ensure a supportive living environment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Scotts, 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 Scotts, 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 Scotts is a financially viable option for your relocation.