Cost of Living in Flint, MI

Housing

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

• Housing Index: 80.0 / 100
• Median Home Price is: $61700
• Average Rent (2 BR Apartment): $960 per month
• Average Rent (2 BR House): $1024 per month

Based on the data provided for Flint, MI, the housing index stands at 80.0, indicating a relatively affordable market. The median home price of 61700 is significantly lower than national averages, which can be enticing for first-time buyers or those seeking value. Additionally, with average rents for a 2-bedroom apartment at 960 and a house at 1024, it's essential to consider long-term investment vs. rental trends. Overall, Flint seems to present a compelling option for cost-conscious seekers of a new home.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Flint, 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.): $200 per month

Living in Flint, 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 200 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 85.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $35451

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

• Click here for more information

Summary

When considering a move to Flint, MI, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.