Cost of Living: Owosso, MI vs Grafton, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owosso | Grafton |
|---|---|---|
| Housing Index | 91 | 99.2 |
| Median Home Price | $155,000 | $292,500 |
| Average Rent (2 BR Apartment) | $1435 | $1325 |
| Average Rent (2 BR House) | $1560 | $1440 |
Housing Comparison: Owosso vs Grafton
- The median home price in Grafton is higher at $292,500, compared to $155,000 in Owosso.
- Renting a two-bedroom apartment costs more in Owosso at $1,435 than in Grafton at $1,325.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Owosso | Grafton |
|---|---|---|
| Electricity Price | $19.88 | $17.6 |
| Natural Gas Price | $15.42 | $11.5 |
| Other Utilities | $237 | $231 |
Utilities Comparison: Owosso vs Grafton
- Electricity costs are higher in Owosso at $19.88 per kWh, compared to $17.6 in Grafton.
- Natural gas is more expensive in Owosso at $15.42 per unit, while it is cheaper at $11.5 in Grafton.
- Other utility costs are higher in Owosso at an average of $237, compared to Grafton with $231.