Cost of Living in Merrill, MI
Housing
The housing market plays a significant role in determining the cost of living in Merrill, MI.
- Housing Index: Data is updating
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data provided for Merrill, MI, the housing index is at a standstill with no current metrics to track rental prices for both apartments and houses. However, the median home price of 125000 suggests that buying a home might be reasonably affordable compared to larger metro areas. When considering moving to Merrill, it's crucial to compare these figures with neighboring cities or states. Researching local amenities, job opportunities, and overall quality of life can also play a vital role in making a well-rounded decision on relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Merrill, 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 Merrill, 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 Merrill is a financially viable option for your relocation.