Cost of Living in Garden city, MI
Housing
The housing market plays a significant role in determining the cost of living in Garden city, MI.
- Housing Index: 91 / 100
- Median Home Price is: $227,000
- Average Rent (2 BR Apartment): $1395 per month
- Average Rent (2 BR House): $1517 per month
When considering a move to Garden city, MI, it’s essential to note that the current housing index of 91 indicates a potentially favorable purchasing environment. The median home price stands at 227000, suggesting accessible homeownership opportunities in the area. However, with an average rent for a 2-bedroom apartment and house both at 1395 and 1517, respectively, it seems rental options may be limited or non-existent. Investigating the local job market, amenities, and neighborhood characteristics can further aid your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Garden city, 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 Garden city, 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 Garden city is a financially viable option for your relocation.