Cost of Living in Dexter, MI
Housing
The housing market plays a significant role in determining the cost of living in Dexter, MI.
- Housing Index: 91 / 100
- Median Home Price is: $335,000
- Average Rent (2 BR Apartment): $2507 per month
- Average Rent (2 BR House): $2725 per month
Based on the provided data, Dexter, MI presents a unique housing market with a housing index value of 91, suggesting a specific range of conditions affecting affordability and availability. The median home price stands at 335000, which might indicate reasonable access for homebuyers depending on their income levels. However, with the absence of rental data reflecting average rent for both a 2-bedroom apartment 2507 and house 2725, it is crucial for prospective residents to conduct further research into accommodation options. Understanding these additional parameters is key to making a well-informed decision about relocating to this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dexter, 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 Dexter, 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 Dexter is a financially viable option for your relocation.