Cost of Living in Wixom, MI
Housing
The housing market plays a significant role in determining the cost of living in Wixom, MI.
- Housing Index: 0.0 / 100
- Median Home Price is: $300000
- Average Rent (2 BR Apartment): $0.0 per month
- Average Rent (2 BR House): $0.0 per month
Based on the data for Wixom, MI, the housing environment appears challenging, with a housing index of 0.0 which indicates limited affordability or availability. The median home price stands at a competitive 300000, but without rental figures for 2BR apartments or houses, it’s necessary to investigate further. Consider factors like job market growth and quality of local schools when making your decision, as these can fundamentally impact the area's livability even when housing prices are a concern. We recommend visiting local neighborhoods to get the clearest perspective.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wixom, 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.): $0.0 per month
Living in Wixom, 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 0.0 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 Wixom is a financially viable option for your relocation.