Cost of Living in Lawton, MI
Housing
The housing market plays a significant role in determining the cost of living in Lawton, MI.
- Housing Index: 91 / 100
- Median Home Price is: $170,000
- Average Rent (2 BR Apartment): $1435 per month
- Average Rent (2 BR House): $1560 per month
Considering your data, in Lawton, MI, the housing market appears quite favorable, with a median home price of 170000. Although the housing index, average rent for a 2-bedroom apartment, and average rent for a 2-bedroom house all stand at zero, potentially indicating a lack of current listings or data availability, it may also suggest affordability for potential buyers. It's crucial to check local trends though, as factors like job opportunities, school ratings, and amenities can impact long-term decision-making in Lawton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lawton, 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 Lawton, 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 Lawton is a financially viable option for your relocation.