Cost of Living in Carleton, MI

Housing

The housing market plays a significant role in determining the cost of living in Carleton, MI.

  • Housing Index: Data is updating
  • Median Home Price is: $165,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Considering a move to Carleton, MI? The current housing index is notably low at 0.0. This translates to a median home price of 165000, making homeownership potentially more accessible. However, with average rents for a 2-bedroom apartment and house both at 0.0, consideration of these zero averages calls for further investigation into local rental markets. It may indicate issues like high vacancy rates or a less desirable rental environment. Overall, weigh these factors against lifestyle needs to determine if this emerging market aligns with your housing ambitions.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Carleton, 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 Carleton, 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 Carleton is a financially viable option for your relocation.