Cost of Living: Owosso, MI vs Farmersburg, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owosso | Farmersburg |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $155,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1240 | $Data is updating |
Housing Comparison: Owosso vs Farmersburg
- In Owosso, the median home price is higher at $155,000, while in Farmersburg it is $145,000.
- The rent for a two-bedroom apartment is equal in both Owosso and Farmersburg 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 | Farmersburg |
|---|---|---|
| Electricity Price | $19.88 | $14.82 |
| Natural Gas Price | $15.42 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Owosso vs Farmersburg
- Electricity costs are higher in Owosso at $19.88 per kWh, compared to $14.82 in Farmersburg.
- Farmersburg experiences higher natural gas costs at $15.61 per unit, with costs at $15.42 in Owosso.
- Utility expenses are equal in both Owosso and Farmersburg averaging $250.