Cost of Living in Tekonsha, MI
Housing
The housing market plays a significant role in determining the cost of living in Tekonsha, MI.
- Housing Index: 91 / 100
- Median Home Price is: $135,000
- Average Rent (2 BR Apartment): $1435 per month
- Average Rent (2 BR House): $1560 per month
Considering a move to Tekonsha, MI may be an attractive option due to its current housing landscape. With a median home price of 135000, homebuyers may find affordability in this market. The notable absence of data for average rents suggests that affordability could extend into rentals as well, making it appealing for both buyers and renters. Keep in mind that trends such as local employment rates and schools will also significantly impact your living experience. Research these aspects further to ensure a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tekonsha, 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 Tekonsha, 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 Tekonsha is a financially viable option for your relocation.