Cost of Living: North miami, FL vs Hinsdale, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North miami | Hinsdale |
|---|---|---|
| Housing Index | 120.8 | 115.0 |
| Median Home Price | $356,000 | $633,000 |
| Average Rent (2 BR Apartment) | $2200 | $2300 |
| Average Rent (2 BR House) | $2240 | $2400 |
Housing Comparison: North miami vs Hinsdale
- The median home price in Hinsdale is higher at $633,000, compared to $356,000 in North miami.
- In Hinsdale, the rental for a two-bedroom apartment stands at $2,300, while it is $2,200 in North miami.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North miami | Hinsdale |
|---|---|---|
| Electricity Price | $13.89 | $16.15 |
| Natural Gas Price | $26.13 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: North miami vs Hinsdale
- Hinsdale has higher electricity costs at $16.15 per kWh, versus $13.89 in North miami.
- Natural gas is more expensive in North miami at $26.13 per unit, while it is cheaper at $16.59 in Hinsdale.
- Utility expenses are equal in both North miami and Hinsdale averaging $250.