Cost of Living in Marshall, MI
Housing
The housing market plays a significant role in determining the cost of living in Marshall, MI.
- Housing Index: Data is updating
- Median Home Price is: $197,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering moving to Marshall, MI? The current housing index stands at 0.0, indicating a potential stagnation in the housing market. The median home price is relatively affordable at 197000, which can be attractive for first-time buyers or those seeking investment opportunities. However, the lack of rental data—average rent for a 2-bedroom apartment and house both at 0.0 and 0.0—suggests minimal demand or very recent market changes. Explore local amenities, job opportunities, and overall community lifestyle, as these factors will enhance your quality of life beyond just costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marshall, 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 Marshall, 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 Marshall is a financially viable option for your relocation.