Cost of Living: Owosso, MI vs Jefferson, OR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Owosso Jefferson
Housing Index 85.0 Data is updating
Median Home Price $155,000 $300,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1240 $Data is updating

Housing Comparison: Owosso vs Jefferson

  • The median home price in Jefferson is higher at $300,000, compared to $155,000 in Owosso.
  • The rent for a two-bedroom apartment is equal in both Owosso and Jefferson 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 Jefferson
Electricity Price $19.88 $15.12
Natural Gas Price $15.42 $16.5
Other Utilities $250 $Data is updating

Utilities Comparison: Owosso vs Jefferson

  • Electricity costs are higher in Owosso at $19.88 per kWh, compared to $15.12 in Jefferson.
  • Jefferson experiences higher natural gas costs at $16.5 per unit, with costs at $15.42 in Owosso.
  • Utility expenses are equal in both Owosso and Jefferson averaging $250.