Cost of Living in Three oaks, MI
Housing
The housing market plays a significant role in determining the cost of living in Three oaks, MI.
- Housing Index: Data is updating
- Median Home Price is: $194,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the available data for Three oaks, MI, the housing market seems to indicate low activity with a housing index of 0.0. A vital note is the median home price of 194000, providing an appealing entry point for potential homebuyers. However, with both the average rent for a 2-bedroom apartment and house standing at 0.0 and 0.0 respectively, it may reflect the overall affordability in the rental market. It's essential to consider the local job market and community infrastructure while deciding to move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Three oaks, 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 Three oaks, 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 Three oaks is a financially viable option for your relocation.