Cost of Living: Coral gables, FL vs Chesapeake, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral gables | Chesapeake |
|---|---|---|
| Housing Index | 135.0 | 110.0 |
| Median Home Price | $1,112,000 | $347,000 |
| Average Rent (2 BR Apartment) | $2500 | $1800 |
| Average Rent (2 BR House) | $2560 | $1840 |
Housing Comparison: Coral gables vs Chesapeake
- In Coral gables, the median home price is higher at $1,112,000, while in Chesapeake it is $347,000.
- Renting a two-bedroom apartment costs more in Coral gables at $2,500 than in Chesapeake at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Coral gables | Chesapeake |
|---|---|---|
| Electricity Price | $13.89 | $15.31 |
| Natural Gas Price | $26.13 | $19.91 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Coral gables vs Chesapeake
- Chesapeake has higher electricity costs at $15.31 per kWh, versus $13.89 in Coral gables.
- Natural gas is more expensive in Coral gables at $26.13 per unit, while it is cheaper at $19.91 in Chesapeake.
- Other utility costs are higher in Coral gables at an average of $280, compared to Chesapeake with $250.