Cost of Living: Merrimac, MA vs Owosso, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Merrimac | Owosso |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $364,000 | $155,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1240 |
Housing Comparison: Merrimac vs Owosso
- In Merrimac, the median home price is higher at $364,000, while in Owosso it is $155,000.
- The rent for a two-bedroom apartment is equal in both Merrimac 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 | Merrimac | Owosso |
|---|---|---|
| Electricity Price | $28.15 | $19.88 |
| Natural Gas Price | $21.62 | $15.42 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Merrimac vs Owosso
- Electricity costs are higher in Merrimac at $28.15 per kWh, compared to $19.88 in Owosso.
- Natural gas is more expensive in Merrimac at $21.62 per unit, while it is cheaper at $15.42 in Owosso.
- Utility expenses are equal in both Merrimac and Owosso averaging $0.0.