Cost of Living: Owatonna, MN vs Ocean city, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owatonna | Ocean city |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $269,000 | $600,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Owatonna vs Ocean city
- The median home price in Ocean city is higher at $600,000, compared to $269,000 in Owatonna.
- The rent for a two-bedroom apartment is equal in both Owatonna and Ocean city 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 | Owatonna | Ocean city |
|---|---|---|
| Electricity Price | $16.38 | $19.88 |
| Natural Gas Price | $14.87 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Owatonna vs Ocean city
- Ocean city has higher electricity costs at $19.88 per kWh, versus $16.38 in Owatonna.
- Natural gas is more expensive in Owatonna at $14.87 per unit, while it is cheaper at $14.01 in Ocean city.
- Utility expenses are equal in both Owatonna and Ocean city averaging $250.