Cost of Living: Otsego, MI vs Italy, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Otsego | Italy |
|---|---|---|
| Housing Index | 90.1 | Data is updating |
| Median Home Price | $208,000 | $207,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1230 | $Data is updating |
Housing Comparison: Otsego vs Italy
- In Otsego, the median home price is higher at $208,000, while in Italy it is $207,000.
- The rent for a two-bedroom apartment is equal in both Otsego and Italy 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 | Italy |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Otsego vs Italy
- Electricity costs are higher in Otsego at $19.88 per kWh, compared to $14.47 in Italy.
- Italy experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Otsego.
- Utility expenses are equal in both Otsego and Italy averaging $250.