Cost of Living: Otto, NC vs Farmington hills, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Otto | Farmington hills |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $250,000 | $292,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Otto vs Farmington hills
- The median home price in Farmington hills is higher at $292,000, compared to $250,000 in Otto.
- The rent for a two-bedroom apartment is equal in both Otto and Farmington hills at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Otto | Farmington hills |
|---|---|---|
| Electricity Price | $13.72 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Otto vs Farmington hills
- Farmington hills has higher electricity costs at $19.88 per kWh, versus $13.72 in Otto.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Otto and Farmington hills averaging $0.0.