Cost of Living in Ellsworth, MI
Housing
The housing market plays a significant role in determining the cost of living in Ellsworth, MI.
- Housing Index: Data is updating
- Median Home Price is: $200000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering your data, it appears that the housing market in Ellsworth, MI is poised for potential growth. With a median home price of 200000, it offers an affordable entry point for homebuyers. However, the lack of data for the housing index, average rent for a 2BR apartment, and a 2BR house indicates either limited rental activity or possibly a very unique market situation. If you're looking to invest, Ellsworth could be an opportunity, especially with its prospect of development and increased demand. Monitoring future trends will be crucial as more data becomes available.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ellsworth, 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 Ellsworth, 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 Ellsworth is a financially viable option for your relocation.