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Midland, MI vs Owosso, MI

78
Midland
Michigan
VS
+13.9%
68
Owosso
Michigan

Owosso is moderately more affordable than Midland, with a 13.9% lower cost of living index. Midland scores 78 compared to 68 for Owosso, where the US average is 100. This difference means residents of Midland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Midland is $990/month compared to $831/month in Owosso — a 19% difference. Home values follow the same pattern: Owosso is more affordable at $121,500 median vs $192,400.

Median household income in Midland is $74,906 compared to $53,702 in Owosso (+39.5%). While Midland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Midland spend roughly 15.9% of their income on rent, less than the 18.6% in Owosso.

Income & Cost

Cost of Living Index
Midland
78
Owosso
68
12% cheaper
Median Household Income
Midland
$74,906
28% higher
Owosso
$53,702

Housing

Median Rent
Midland
$990
Owosso
$831
16% cheaper
Median Home Value
Midland
$192,400
Owosso
$121,500
37% cheaper
Population
Midland
42,461
Owosso
14,658

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Midland $2.88
Owosso
US $3.07
🥚
Eggs (grade A, large)
Midland $2.35
Owosso
US $2.50
🥛
Milk (whole)
Midland $3.79
Owosso
US $4.03
🍞
Bread (white)
Midland $1.74
Owosso
US $1.85
🍗
Chicken breast
Midland $3.90
Owosso
US $4.14
Electricity
Midland $0.18
Owosso
US $0.19