Cost of Living: Coral gables, FL vs Fernley, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral gables | Fernley |
|---|---|---|
| Housing Index | 135.0 | 90.0 |
| Median Home Price | $1,112,000 | $385,000 |
| Average Rent (2 BR Apartment) | $2500 | $1200 |
| Average Rent (2 BR House) | $2560 | $1350 |
Housing Comparison: Coral gables vs Fernley
- In Coral gables, the median home price is higher at $1,112,000, while in Fernley it is $385,000.
- Renting a two-bedroom apartment costs more in Coral gables at $2,500 than in Fernley at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Coral gables | Fernley |
|---|---|---|
| Electricity Price | $13.89 | $15.5 |
| Natural Gas Price | $26.13 | $20.66 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Coral gables vs Fernley
- Fernley has higher electricity costs at $15.5 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 $20.66 in Fernley.
- Other utility costs are higher in Coral gables at an average of $280, compared to Fernley with $250.