Cost of Living: Merced, CA vs Wapakoneta, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Merced | Wapakoneta |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $358,000 | $134,900 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1825 | $856 |
Housing Comparison: Merced vs Wapakoneta
- In Merced, the median home price is higher at $358,000, while in Wapakoneta it is $134,900.
- In Wapakoneta, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Merced.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Merced | Wapakoneta |
|---|---|---|
| Electricity Price | $32.99 | $15.92 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Merced vs Wapakoneta
- Electricity costs are higher in Merced at $32.99 per kWh, compared to $15.92 in Wapakoneta.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Merced and Wapakoneta averaging $250.