Cost of Living: Three oaks, MI vs Salem, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Three oaks | Salem |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $194,000 | $415,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Three oaks vs Salem
- The median home price in Salem is higher at $415,000, compared to $194,000 in Three oaks.
- The rent for a two-bedroom apartment is equal in both Three oaks and Salem at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Three oaks | Salem |
|---|---|---|
| Electricity Price | $19.88 | $15.12 |
| Natural Gas Price | $15.42 | $16.5 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Three oaks vs Salem
- Electricity costs are higher in Three oaks at $19.88 per kWh, compared to $15.12 in Salem.
- Salem experiences higher natural gas costs at $16.5 per unit, with costs at $15.42 in Three oaks.
- Utility expenses are equal in both Three oaks and Salem averaging $0.0.