Cost of Living: Bloomington, IN vs Owosso, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bloomington | Owosso |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $301,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1400 | $1240 |
Housing Comparison: Bloomington vs Owosso
- In Bloomington, the median home price is higher at $301,000, while in Owosso it is $155,000.
- The rent for a two-bedroom apartment is equal in both Bloomington and Owosso at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bloomington | Owosso |
|---|---|---|
| Electricity Price | $14.89 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Bloomington vs Owosso
- Owosso has higher electricity costs at $19.88 per kWh, versus $14.89 in Bloomington.
- Natural gas price data is currently unavailable.
- Owosso has higher utility expenses, averaging $250, while Bloomington averages $200.