Cost of Living: Otsego, MI vs Duluth, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Otsego | Duluth |
|---|---|---|
| Housing Index | 90.1 | 110.0 |
| Median Home Price | $208,000 | $242,500 |
| Average Rent (2 BR Apartment) | $1200 | $1450 |
| Average Rent (2 BR House) | $1230 | $1600 |
Housing Comparison: Otsego vs Duluth
- The median home price in Duluth is higher at $242,500, compared to $208,000 in Otsego.
- In Duluth, the rental for a two-bedroom apartment stands at $1,450, 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 | Duluth |
|---|---|---|
| Electricity Price | $19.88 | $16.38 |
| Natural Gas Price | $15.42 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Otsego vs Duluth
- Electricity costs are higher in Otsego at $19.88 per kWh, compared to $16.38 in Duluth.
- Natural gas is more expensive in Otsego at $15.42 per unit, while it is cheaper at $14.87 in Duluth.
- Other utility costs are higher in Otsego at an average of $250, compared to Duluth with $200.