Cost of Living in Plymouth, MI
Housing
The housing market plays a significant role in determining the cost of living in Plymouth, MI.
- Housing Index: Data is updating
- Median Home Price is: $272,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering moving to Plymouth, MI, it’s essential to evaluate your housing options closely. With a housing index of 0.0, the market can help you assess affordability. The median home price currently stands at 272000, which is relatively moderate. However, both the average rent for a 2-bedroom apartment and house are currently reported as $0.00, suggesting potential data gaps or transitional phases in the rental market. This could represent negotiation opportunities or a stagnant rental market. Keep an eye on local trends to maximize your investment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Plymouth, 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 Plymouth, 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 Plymouth is a financially viable option for your relocation.