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Owosso, MI vs Utica, MI

68
Owosso
Michigan
VS
-17%
82
Utica
Michigan

There is a significant gap in the cost of living between these two cities. Owosso is 17% cheaper than Utica. With a cost index of 68 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Owosso to Utica should plan for substantially higher expenses across most categories.

On the housing front, median rent in Owosso is $831/month compared to $984/month in Utica — a 16% difference. Home values follow the same pattern: Owosso is more affordable at $121,500 median vs $216,800.

Median household income in Owosso is $53,702 compared to $55,524 in Utica (-3.3%). Utica does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Owosso spend roughly 18.6% of their income on rent, less than the 21.3% in Utica.

Income & Cost

Cost of Living Index
Owosso
68
17% cheaper
Utica
82
Median Household Income
Owosso
$53,702
Utica
$55,524
3% higher

Housing

Median Rent
Owosso
$831
16% cheaper
Utica
$984
Median Home Value
Owosso
$121,500
44% cheaper
Utica
$216,800
Population
Owosso
14,658
Utica
5,184

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Owosso
Utica $3.00
US $3.07
🥚
Eggs (grade A, large)
Owosso
Utica $2.45
US $2.50
🥛
Milk (whole)
Owosso
Utica $3.94
US $4.03
🍞
Bread (white)
Owosso
Utica $1.81
US $1.85
🍗
Chicken breast
Owosso
Utica $4.06
US $4.14
Electricity
Owosso
Utica $0.20
US $0.19