Cost of Living: Owosso, MI vs Grafton, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owosso | Grafton |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $155,000 | $292,500 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1240 | $1600 |
Housing Comparison: Owosso vs Grafton
- The median home price in Grafton is higher at $292,500, compared to $155,000 in Owosso.
- In Grafton, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Owosso.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Owosso | Grafton |
|---|---|---|
| Electricity Price | $19.88 | $17.6 |
| Natural Gas Price | $15.42 | $11.5 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Owosso vs Grafton
- Electricity costs are higher in Owosso at $19.88 per kWh, compared to $17.6 in Grafton.
- Natural gas is more expensive in Owosso at $15.42 per unit, while it is cheaper at $11.5 in Grafton.
- Other utility costs are higher in Owosso at an average of $250, compared to Grafton with $200.