Davison, MI vs Owosso, MI

Davison, MI and Owosso, MI have a very similar cost of living, with only a 4.5% difference in their overall index. Davison scores 71 while Owosso scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Davison is $858/month compared to $831/month in Owosso — a 3% difference. Home values follow the same pattern: Owosso is more affordable at $121,500 median vs $166,100.

Median household income in Davison is $50,450 compared to $53,702 in Owosso (-6.1%). Owosso offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Davison spend roughly 20.4% of their income on rent, more than the 18.6% in Owosso.