Cost of Living: Dearborn, MI vs Wapakoneta, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dearborn | Wapakoneta |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $205,000 | $134,900 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $856 |
Housing Comparison: Dearborn vs Wapakoneta
- In Dearborn, the median home price is higher at $205,000, while in Wapakoneta it is $134,900.
- In Wapakoneta, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Dearborn.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Dearborn | Wapakoneta |
|---|---|---|
| Electricity Price | $19.88 | $15.92 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Dearborn vs Wapakoneta
- Electricity costs are higher in Dearborn at $19.88 per kWh, compared to $15.92 in Wapakoneta.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Dearborn and Wapakoneta averaging $250.