Cost of Living: Lewisville, TX vs Owosso, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Lewisville Owosso
Housing Index 98.0 85.0
Median Home Price $368,100 $155,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1870 $1240

Housing Comparison: Lewisville vs Owosso

  • In Lewisville, the median home price is higher at $368,100, while in Owosso it is $155,000.
  • Renting a two-bedroom apartment costs more in Lewisville at $1,800 than in Owosso 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 Lewisville Owosso
Electricity Price $14.47 $19.88
Natural Gas Price $26.29 $15.42
Other Utilities $225 $250

Utilities Comparison: Lewisville vs Owosso

  • Owosso has higher electricity costs at $19.88 per kWh, versus $14.47 in Lewisville.
  • Natural gas is more expensive in Lewisville at $26.29 per unit, while it is cheaper at $15.42 in Owosso.
  • Owosso has higher utility expenses, averaging $250, while Lewisville averages $225.