Cost of Living: Middle river, MD vs Otsego, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Middle river | Otsego |
|---|---|---|
| Housing Index | 120.0 | 90.1 |
| Median Home Price | $360,000 | $208,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1230 |
Housing Comparison: Middle river vs Otsego
- In Middle river, the median home price is higher at $360,000, while in Otsego it is $208,000.
- Renting a two-bedroom apartment costs more in Middle river at $1,800 than in Otsego 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 | Middle river | Otsego |
|---|---|---|
| Electricity Price | $17.41 | $19.88 |
| Natural Gas Price | $18.44 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Middle river vs Otsego
- Otsego has higher electricity costs at $19.88 per kWh, versus $17.41 in Middle river.
- Natural gas is more expensive in Middle river at $18.44 per unit, while it is cheaper at $15.42 in Otsego.
- Utility expenses are equal in both Middle river and Otsego averaging $250.