Cost of Living in Edmore, MI
Housing
The housing market plays a significant role in determining the cost of living in Edmore, MI.
- Housing Index: 91 / 100
- Median Home Price is: $128,000
- Average Rent (2 BR Apartment): $1435 per month
- Average Rent (2 BR House): $1560 per month
Moving to Edmore, MI presents appealing opportunities with a median home price of 128000. Given the current housing index showing zero, it appears you might benefit from an advantageous market. However, it's noteworthy that both the average rent for a 2-bedroom apartment and house are also reported as zero, indicating potential issues in rental availability. This situation might suggest that future price increases or a rental market revitalization are possible. It's important to evaluate local amenities and employment opportunities as well to ensure a well-informed decision about relocating here.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Edmore, 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 Edmore, 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 Edmore is a financially viable option for your relocation.