Cost of Living: Owosso, MI vs Pasadena, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owosso | Pasadena |
|---|---|---|
| Housing Index | 85.0 | 145.0 |
| Median Home Price | $155,000 | $1,050,000 |
| Average Rent (2 BR Apartment) | $1200 | $2900 |
| Average Rent (2 BR House) | $1240 | $2950 |
Housing Comparison: Owosso vs Pasadena
- The median home price in Pasadena is higher at $1,050,000, compared to $155,000 in Owosso.
- In Pasadena, the rental for a two-bedroom apartment stands at $2,900, 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 | Pasadena |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Owosso vs Pasadena
- Pasadena has higher electricity costs at $32.99 per kWh, versus $19.88 in Owosso.
- Pasadena experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Owosso.
- Utility expenses are equal in both Owosso and Pasadena averaging $250.