Cost of Living In Michigan + Metro Detroit

Описание: The Cost of Living In Michigan as well as Detroit, and Metro Detroit in this video. We break down all the major costs associated with moving to Michigan and Metro Detroit. These are all the major things you will need to know when living in Detroit, or living in Michigan in general.
We break down all the major housing costs such as purchase price, taxes, and utility cost. Also what it will cost to rent in Michigan or Metro Detroit. The numbers on the rental values may surprise you. Another living cost we cover that many people forget about is the transportation costs associated with living in the Motor city, which we cover here in full detail. Then we provide some insight on little know facts about Michigan and Metro Detroit compared to other states around the country, which make Michigan's living costs a lot more attractive comparatively, as well as some that may be slightly unattractive.

We also break down taxes, and shed light on the intricacies of property taxes in Michigan. As property taxes are not just a blanket number that all Michigan homes share. Here is the website referenced in the video, that can help you estimate your adjusted property tax. Remember you will need the home Stadaard Equalized Value (SEV), County, City, as well as the home's school district to populate the estimated taxes for your home.

https://treas-secure.state.mi.us/ptes...

Here are some time stamps to help you navigate through the video, in case you want to return and jump back to a section.

0:00 Intro
2:05 Housing Cost
3:30 Median Housing Cost
4:00 Rental Cost
5:00 Tax Cost
6:50 Property Tax
8:45 Utility Cost
10:19 Transportation Cost
12:49 Closing


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Ed Butler
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