Cost of Living in Clarkston, MI
Housing
The housing market plays a significant role in determining the cost of living in Clarkston, MI.
- Housing Index: 91 / 100
- Median Home Price is: $243,000
- Average Rent (2 BR Apartment): $1889 per month
- Average Rent (2 BR House): $2053 per month
In evaluating your potential move to Clarkston, MI, it is important to note that while the housing index remains at a unusual 0.0, indicating potential market instability or a lack of data, the median home price stands at 243000. This figure suggests that homeownership could be more accessible if you find suitable financing options. However, the absence of average rent prices for both 2-bedroom apartments and houses limits further insights into the rental market. Therefore, consider exploring local housing trends, neighborhood quality, and amenities to gain a clearer understanding of your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clarkston, 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.): $237 per month
Living in Clarkston, MI could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $15.42 per Thousand Cubic Feet β both aligning with state medians. Expect to budget about $237 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 Clarkston is a financially viable option for your relocation.