Cost of Living: Otsego, MI vs Dewey, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Otsego | Dewey |
|---|---|---|
| Housing Index | 90.1 | 85.0 |
| Median Home Price | $208,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1230 | $850 |
Housing Comparison: Otsego vs Dewey
- In Otsego, the median home price is higher at $208,000, while in Dewey it is $150,000.
- In Dewey, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Otsego.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Otsego | Dewey |
|---|---|---|
| Electricity Price | $19.88 | $12.37 |
| Natural Gas Price | $15.42 | $20.27 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Otsego vs Dewey
- Electricity costs are higher in Otsego at $19.88 per kWh, compared to $12.37 in Dewey.
- Dewey experiences higher natural gas costs at $20.27 per unit, with costs at $15.42 in Otsego.
- Other utility costs are higher in Otsego at an average of $250, compared to Dewey with $200.