Cost of Living in Washington, MI
Housing
The housing market plays a significant role in determining the cost of living in Washington, MI.
- Housing Index: 95.0 / 100
- Median Home Price is: $282,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1240 per month
When considering a move to Washington, MI, the housing index of 95.0 indicates a relatively affordable market, especially compared to the national average. The median home price of 282000 makes homeownership accessible for many families. Meanwhile, the average rent for a 2-bedroom apartment at 1200 and a house at 1240 suggests a balanced rental market, which may cater to a variety of budgets. Overall, Washington offers promising opportunities for both renters and homebuyers seeking a vibrant and cost-effective community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Washington, 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.): $250 per month
Living in Washington, 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 $250 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 Washington is a financially viable option for your relocation.