Cost of Living in Macomb, MI
Housing
The housing market plays a significant role in determining the cost of living in Macomb, MI.
- Housing Index: 91 / 100
- Median Home Price is: $267,000
- Average Rent (2 BR Apartment): $1435 per month
- Average Rent (2 BR House): $1560 per month
Considering a move to Macomb, MI? With a housing index of 91, the market may be more competitively priced than in other regions. The median home price of 267000 offers a favorable entry point for homebuyers, while the average rent for a 2BR apartment is 1435 and for a house is 1560. When evaluating your options, it's crucial to compare these costs with your budget and the area's quality of life. Factors like local amenities, schools, and job opportunities can also significantly influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Macomb, 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 Macomb, 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 Macomb is a financially viable option for your relocation.