Cost of Living in Lake odessa, MI
Housing
The housing market plays a significant role in determining the cost of living in Lake odessa, MI.
- Housing Index: Data is updating
- Median Home Price is: $190,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Lake odessa, MI? The housing market appears to be quite favorable, starting with the median home price of 190000. However, with a housing index of 0.0, indicating affordability concerns, it is essential to weigh your options thoroughly. Interestingly, there are typically opportunities for lower-cost housing options and stable property values in this region. While average rent prices for a 2-bedroom apartment and house are currently not available, it’s worth investigating local amenities and lifestyle options that fill in this picture to ensure a comfortable fit for your household budget and lifestyle preferences.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake odessa, 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 Lake odessa, 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 Lake odessa is a financially viable option for your relocation.