Cost of Living: Hanover, MI vs Ossian, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover | Ossian |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $197,500 | $192,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $850 |
Housing Comparison: Hanover vs Ossian
- In Hanover, the median home price is higher at $197,500, while in Ossian it is $192,000.
- In Ossian, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Hanover.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hanover | Ossian |
|---|---|---|
| Electricity Price | $19.88 | $14.89 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $220 | $150 |
Utilities Comparison: Hanover vs Ossian
- Electricity costs are higher in Hanover at $19.88 per kWh, compared to $14.89 in Ossian.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Hanover at an average of $220, compared to Ossian with $150.