Cost of Living: Owosso, MI vs Hyattsville, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owosso | Hyattsville |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $155,000 | $347,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1240 | $1920 |
Housing Comparison: Owosso vs Hyattsville
- The median home price in Hyattsville is higher at $347,000, compared to $155,000 in Owosso.
- In Hyattsville, the rental for a two-bedroom apartment stands at $1,800, 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 | Hyattsville |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $15.42 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Owosso vs Hyattsville
- Electricity costs are higher in Owosso at $19.88 per kWh, compared to $17.41 in Hyattsville.
- Hyattsville experiences higher natural gas costs at $18.44 per unit, with costs at $15.42 in Owosso.
- Utility expenses are equal in both Owosso and Hyattsville averaging $250.