Cost of Living: Warren, MI vs Springboro, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Warren | Springboro |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $200,000 | $252,000 |
| Average Rent (2 BR Apartment) | $1200 | $1450 |
| Average Rent (2 BR House) | $1280 | $1500 |
Housing Comparison: Warren vs Springboro
- The median home price in Springboro is higher at $252,000, compared to $200,000 in Warren.
- In Springboro, the rental for a two-bedroom apartment stands at $1,450, while it is $1,200 in Warren.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Warren | Springboro |
|---|---|---|
| Electricity Price | $19.88 | $15.92 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Warren vs Springboro
- Electricity costs are higher in Warren at $19.88 per kWh, compared to $15.92 in Springboro.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Warren at an average of $250, compared to Springboro with $200.