Cost of Living: Owosso, MI vs Booneville, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owosso | Booneville |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $155,000 | $189,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1240 | $Data is updating |
Housing Comparison: Owosso vs Booneville
- The median home price in Booneville is higher at $189,000, compared to $155,000 in Owosso.
- The rent for a two-bedroom apartment is equal in both Owosso and Booneville 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 | Owosso | Booneville |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $15.42 | $17.08 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Owosso vs Booneville
- Electricity costs are higher in Owosso at $19.88 per kWh, compared to $12.36 in Booneville.
- Booneville experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Owosso.
- Utility expenses are equal in both Owosso and Booneville averaging $250.