Cost of Living in South haven, MI
Housing
The housing market plays a significant role in determining the cost of living in South haven, MI.
- Housing Index: 90.0 / 100
- Median Home Price is: $257,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1600 per month
Considering a move to South haven, MI? The housing index of 90.0 indicates a relatively affordable market, especially compared to national averages. With a median home price of 257000, homeownership may be achievable for many families. Renting shows similar affordability; the average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house sits at 1600. Keep in mind that costs can vary based on neighborhood and amenities, but overall, this location presents a balanced opportunity for both buyers and renters looking for value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South haven, 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.): $250 per month
Living in South haven, 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 $250 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 South haven is a financially viable option for your relocation.