Cost of Living: Ballston spa, NY vs Coral gables, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ballston spa | Coral gables |
|---|---|---|
| Housing Index | 120.0 | 135.0 |
| Median Home Price | $300,000 | $1,112,000 |
| Average Rent (2 BR Apartment) | $2100 | $2500 |
| Average Rent (2 BR House) | $2165.6 | $2560 |
Housing Comparison: Ballston spa vs Coral gables
- The median home price in Coral gables is higher at $1,112,000, compared to $300,000 in Ballston spa.
- In Coral gables, the rental for a two-bedroom apartment stands at $2,500, while it is $2,100 in Ballston spa.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ballston spa | Coral gables |
|---|---|---|
| Electricity Price | $26.08 | $13.89 |
| Natural Gas Price | $18.13 | $26.13 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Ballston spa vs Coral gables
- Electricity costs are higher in Ballston spa at $26.08 per kWh, compared to $13.89 in Coral gables.
- Coral gables experiences higher natural gas costs at $26.13 per unit, with costs at $18.13 in Ballston spa.
- Coral gables has higher utility expenses, averaging $280, while Ballston spa averages $250.