Cost of Living in Clarksville, MI
Housing
The housing market plays a significant role in determining the cost of living in Clarksville, MI.
- Housing Index: 91 / 100
- Median Home Price is: $211,000
- Average Rent (2 BR Apartment): $1435 per month
- Average Rent (2 BR House): $1560 per month
Based on the data provided, Clarksville, MI presents a low housing index at 0.0, which suggests affordability in the housing market. The median home price stands at a competitive 211000, making home buying an enticing prospect. However, the lack of reported average rents for both 2-bedroom apartments and houses could indicate either a challenging rental market or the potential for growth. To summarize, if you're considering a move to Clarksville, it's crucial to evaluate additional local factors like employment opportunities and community amenities alongside these housing metrics for well-rounded decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clarksville, 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 Clarksville, 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 $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 Clarksville is a financially viable option for your relocation.