Cost of Living: Ovid, MI vs Essex, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ovid | Essex |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $139,000 | $351,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Ovid vs Essex
- The median home price in Essex is higher at $351,000, compared to $139,000 in Ovid.
- The rent for a two-bedroom apartment is equal in both Ovid and Essex 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 | Ovid | Essex |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $15.42 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Ovid vs Essex
- Electricity costs are higher in Ovid at $19.88 per kWh, compared to $17.41 in Essex.
- Essex experiences higher natural gas costs at $18.44 per unit, with costs at $15.42 in Ovid.
- Utility expenses are equal in both Ovid and Essex averaging $250.