Cost of Living: Otsego, MI vs Cazenovia, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Otsego | Cazenovia |
|---|---|---|
| Housing Index | 90.1 | Data is updating |
| Median Home Price | $208,000 | $245,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1230 | $Data is updating |
Housing Comparison: Otsego vs Cazenovia
- The median home price in Cazenovia is higher at $245,000, compared to $208,000 in Otsego.
- The rent for a two-bedroom apartment is equal in both Otsego and Cazenovia 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 | Otsego | Cazenovia |
|---|---|---|
| Electricity Price | $19.88 | $26.08 |
| Natural Gas Price | $15.42 | $18.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Otsego vs Cazenovia
- Cazenovia has higher electricity costs at $26.08 per kWh, versus $19.88 in Otsego.
- Cazenovia experiences higher natural gas costs at $18.13 per unit, with costs at $15.42 in Otsego.
- Utility expenses are equal in both Otsego and Cazenovia averaging $250.