Cost of Living: Springfield, OR vs Saginaw, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Saginaw |
|---|---|---|
| Housing Index | 110.0 | 75.0 |
| Median Home Price | $420,000 | $108,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1580 | $1000 |
Housing Comparison: Springfield vs Saginaw
- In Springfield, the median home price is higher at $420,000, while in Saginaw it is $108,000.
- Renting a two-bedroom apartment costs more in Springfield at $1,500 than in Saginaw 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 | Springfield | Saginaw |
|---|---|---|
| Electricity Price | $15.12 | $19.88 |
| Natural Gas Price | $16.5 | $15.42 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Springfield vs Saginaw
- Saginaw has higher electricity costs at $19.88 per kWh, versus $15.12 in Springfield.
- Natural gas is more expensive in Springfield at $16.5 per unit, while it is cheaper at $15.42 in Saginaw.
- Saginaw has higher utility expenses, averaging $250, while Springfield averages $230.