Cost of Living: Montrose, MI vs Springfield, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montrose | Springfield |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $200,000 | $420,000 |
| Average Rent (2 BR Apartment) | $800 | $1500 |
| Average Rent (2 BR House) | $816 | $1580 |
Housing Comparison: Montrose vs Springfield
- The median home price in Springfield is higher at $420,000, compared to $200,000 in Montrose.
- Renting a two-bedroom apartment costs more in Montrose at $800 than in Springfield at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montrose | Springfield |
|---|---|---|
| Electricity Price | $19.88 | $15.12 |
| Natural Gas Price | $15.42 | $16.5 |
| Other Utilities | $200 | $230 |
Utilities Comparison: Montrose vs Springfield
- Electricity costs are higher in Montrose at $19.88 per kWh, compared to $15.12 in Springfield.
- Springfield experiences higher natural gas costs at $16.5 per unit, with costs at $15.42 in Montrose.
- Springfield has higher utility expenses, averaging $230, while Montrose averages $200.