Cost of Living: Folsom, CA vs Coral gables, FL

Housing

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

Metric Folsom Coral gables
Housing Index 130.0 135.0
Median Home Price $657,000 $1,112,000
Average Rent (2 BR Apartment) $2500 $2500
Average Rent (2 BR House) $2557 $2560

Housing Comparison: Folsom vs Coral gables

  • The median home price in Coral gables is higher at $1,112,000, compared to $657,000 in Folsom.
  • The rent for a two-bedroom apartment is equal in both Folsom and Coral gables at $2,500.

Utilities

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

Metric Folsom Coral gables
Electricity Price $32.99 $13.89
Natural Gas Price $16.99 $26.13
Other Utilities $300 $280

Utilities Comparison: Folsom vs Coral gables

  • Electricity costs are higher in Folsom at $32.99 per kWh, compared to $13.89 in Coral gables.
  • Coral gables experiences higher natural gas costs at $26.13 per unit, with costs at $16.99 in Folsom.
  • Other utility costs are higher in Folsom at an average of $300, compared to Coral gables with $280.