Cost of Living: Otsego, MI vs Portland, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Otsego | Portland |
|---|---|---|
| Housing Index | 90.1 | Data is updating |
| Median Home Price | $208,000 | $290,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1230 | $Data is updating |
Housing Comparison: Otsego vs Portland
- The median home price in Portland is higher at $290,000, compared to $208,000 in Otsego.
- The rent for a two-bedroom apartment is equal in both Otsego and Portland 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 | Portland |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Otsego vs Portland
- Electricity costs are higher in Otsego at $19.88 per kWh, compared to $14.47 in Portland.
- Portland 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 Portland averaging $250.