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.