Cost of Living in Trenton, MI
Housing
The housing market plays a significant role in determining the cost of living in Trenton, MI.
- Housing Index: Data is updating
- Median Home Price is: $175000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
If you're considering moving to Trenton, MI, the current median home price is an appealing 175000, suggesting a potential entry into homeownership at a relatively low cost. However, it's important to note that both the housing index and average rent for a 2BR apartment and house are currently at 0.0, which may imply a lack of rental inventory or data in the area. Ensure to research the availability of housing and rental properties comprehensively. Overall, this scenario presents a unique opportunity for homebuyers, but rental prospects might require further investigation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Trenton, 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 Trenton, 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 Trenton is a financially viable option for your relocation.