Cost of Living: Coral gables, FL vs Salt lake city, UT

Housing

The housing market plays a significant role in determining the cost of living.

Metric Coral gables Salt lake city
Housing Index 135.0 125.0
Median Home Price $1,112,000 $469,000
Average Rent (2 BR Apartment) $2500 $1750
Average Rent (2 BR House) $2560 $1950

Housing Comparison: Coral gables vs Salt lake city

  • In Coral gables, the median home price is higher at $1,112,000, while in Salt lake city it is $469,000.
  • Renting a two-bedroom apartment costs more in Coral gables at $2,500 than in Salt lake city at $1,750.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Coral gables Salt lake city
Electricity Price $13.89 $11.5
Natural Gas Price $26.13 $14
Other Utilities $280 $250

Utilities Comparison: Coral gables vs Salt lake city

  • Electricity costs are higher in Coral gables at $13.89 per kWh, compared to $11.5 in Salt lake city.
  • Natural gas is more expensive in Coral gables at $26.13 per unit, while it is cheaper at $14 in Salt lake city.
  • Other utility costs are higher in Coral gables at an average of $280, compared to Salt lake city with $250.