How Much Does It Cost to Live In Michigan In 2024?

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How Much Does It Cost to Live In Michigan in 2024? Inflation and rising costs have many Michiganders wondering if home, energy, and grocery prices will ever come back down.
Is Michigan expensive? Today, we'll break down the cost of living in the Great Lakes State, including housing, utilities, insurance, auto, groceries, and more. I'll even share my personal budget so you can see what it cost to live in Michigan.
If you're considering moving to Michigan and wondering how much you'll need to relocate, save this video, share it with someone who is too.
00:00 How Much Does It Cost to Live In Michigan In 2024?
00:34 Housing Options and Cost
02:32 Groceries
04:12 Utilities
05:35 Healthcare
07:03 Property Taxes
08:35 Cost of Living Across Michigan
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If this is your first time on this channel, welcome 👋, if you're returning, welcome back we love having you here. If you want to know everything about Michigan, including the good, the bad, and the ugly, make sure you subscribe and tap that bell for notifications so you can be the first to know about the current market here in Michigan.
We get calls, texts, and emails every day from people just like you, looking for help on making their move to Metro Detroit Michigan and we love it. 😁 Whether you are moving in 1 month or 1 year, give us a call, shoot us a text, or send us an email so we can help you make a smooth move to Michigan 🚤
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Eric Meldrum Michigan Real Estate Agent | Michigan Real Estate License: 6501409499
Brokered by eXp Realty
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💻 Email: info@trulivingroup.com
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📍 All about Michigan
**Most stats and data mentioned came from the following sites and are not based on our opinions:
Best Schools: www.greatschools.org/michigan/
More About Michigan: en.wikipedia.org/wiki/Michigan
Census Data: www.census.gov/quickfacts/MI
Neighborhood data: www.niche.com/places-to-live/...
All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording
#michigan

Опубликовано:

2 авг 2024

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Комментарии : 6

@anthonyschluter8531 26 дней назад

And people complain about Canada. That’s insanity!

@manbtm1 27 дней назад

Great video, ! Well, I was pretty lucky because my purchases date back to 2010/2011 but I have a nice condo in a high-rise in downtown Detroit, as well as a nice contemporary home on a beautiful but smaller type lake ( 100 ft. Frontage all sports, immaculately clean ) in northern lower Michigan, and my total was about 450,000 for both. Now today would be much more, but Michigan is still far more reasonable and allows people to do things like this much easier than people on the coasts that’s for sure. I really love Michigan, best of both worlds for a reasonable price.,

@matthowell1633 24 дня назад

Curious if you stick to the mid Michigan belt from Say Grand Haven to Detroit , I’m not convinced the 291k is accurate. In gr area 3 beds 2 baths decent schools …. $400 - $450k! Second. Most cities and some townships are 40 mills plus+++ or $8000+++ yr!!! That isn’t 1.38 % you said. The new buyer in Michigan gets screwed on property taxes. this isn’t reflected in your explanation.

@JosephLinebarger 2 дня назад

To be honest it is cheaper in Michigan, I was looking to go more north towards Washington, but it can get pretty pricey there, all in all it's too expensive to live period, and if your by yourself it makes 3x harder, it's like you have to have a roommate, or be married.

@MultiAnne36 17 дней назад

Depending on the location? If you need to work, you will probably be living in an area where housing will cost you 500,000 or more. Those houses under 300,000 are going to be in more rural areas where there is no work. I hope this makes things more clear to People coming from out of state. You won't live in a safe neighborhood with good schools in SE Michigan for under 300,000.

@TRULIVINGMICHIGAN 16 дней назад

Cost of living goes up when more people desire to live there, i.e good schools, good quality of life.