Cost of Living: Franklin, NE vs Owosso, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin | Owosso |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $98,100 | $155,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1240 |
Housing Comparison: Franklin vs Owosso
- The median home price in Owosso is higher at $155,000, compared to $98,100 in Franklin.
- The rent for a two-bedroom apartment is equal in both Franklin and Owosso at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Franklin | Owosso |
|---|---|---|
| Electricity Price | $12.92 | $19.88 |
| Natural Gas Price | $13.89 | $15.42 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Franklin vs Owosso
- Owosso has higher electricity costs at $19.88 per kWh, versus $12.92 in Franklin.
- Owosso experiences higher natural gas costs at $15.42 per unit, with costs at $13.89 in Franklin.
- Utility expenses are equal in both Franklin and Owosso averaging $0.0.