Cost of Living: Ovid, MI vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ovid | Fort smith |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $139,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $1000 |
| Average Rent (2 BR House) | $1300 | $1200 |
Housing Comparison: Ovid vs Fort smith
- The median home price in Fort smith is higher at $200,000, compared to $139,000 in Ovid.
- Renting a two-bedroom apartment costs more in Ovid at $1,200 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ovid | Fort smith |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $15.42 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Ovid vs Fort smith
- Electricity costs are higher in Ovid at $19.88 per kWh, compared to $12.36 in Fort smith.
- Fort smith experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Ovid.
- Other utility costs are higher in Ovid at an average of $250, compared to Fort smith with $200.