Cost of Living: Oxford, MS vs Luna pier, MI

Housing

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

Metric Oxford Luna pier
Housing Index 90.5 90.0
Median Home Price $244,000 $194,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1360 $1640

Housing Comparison: Oxford vs Luna pier

  • In Oxford, the median home price is higher at $244,000, while in Luna pier it is $194,000.
  • In Luna pier, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Oxford.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Oxford Luna pier
Electricity Price $13.42 $19.88
Natural Gas Price $22.19 $15.42
Other Utilities $200 $250

Utilities Comparison: Oxford vs Luna pier

  • Luna pier has higher electricity costs at $19.88 per kWh, versus $13.42 in Oxford.
  • Natural gas is more expensive in Oxford at $22.19 per unit, while it is cheaper at $15.42 in Luna pier.
  • Luna pier has higher utility expenses, averaging $250, while Oxford averages $200.