Cost of Living: Newaygo, MI vs Oswego, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newaygo | Oswego |
|---|---|---|
| Housing Index | 85.0 | 108.0 |
| Median Home Price | $189,900 | $335,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $800 | $1814 |
Housing Comparison: Newaygo vs Oswego
- The median home price in Oswego is higher at $335,000, compared to $189,900 in Newaygo.
- Renting a two-bedroom apartment costs more in Newaygo at $800 than in Oswego at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newaygo | Oswego |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $15.42 | $16.59 |
| Other Utilities | $200 | $280 |
Utilities Comparison: Newaygo vs Oswego
- Electricity costs are higher in Newaygo at $19.88 per kWh, compared to $16.15 in Oswego.
- Oswego experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in Newaygo.
- Oswego has higher utility expenses, averaging $280, while Newaygo averages $200.