Cost of Living: Salem, OH vs Lake odessa, MI

Housing

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

Metric Salem Lake odessa
Housing Index 85.0 Data is updating
Median Home Price $100,000 $190,000
Average Rent (2 BR Apartment) $960 $Data is updating
Average Rent (2 BR House) $1024 $Data is updating

Housing Comparison: Salem vs Lake odessa

  • The median home price in Lake odessa is higher at $190,000, compared to $100,000 in Salem.
  • The rent for a two-bedroom apartment is equal in both Salem and Lake odessa at $960.

Utilities

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

Metric Salem Lake odessa
Electricity Price $15.92 $19.88
Natural Gas Price $Data is updating $15.42
Other Utilities $230 $Data is updating

Utilities Comparison: Salem vs Lake odessa

  • Lake odessa has higher electricity costs at $19.88 per kWh, versus $15.92 in Salem.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Salem and Lake odessa averaging $230.