Cost of Living: Coral gables, FL vs Lake elsinore, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral gables | Lake elsinore |
|---|---|---|
| Housing Index | 135.0 | 120.5 |
| Median Home Price | $1,112,000 | $535,000 |
| Average Rent (2 BR Apartment) | $2500 | $2400 |
| Average Rent (2 BR House) | $2560 | $2425 |
Housing Comparison: Coral gables vs Lake elsinore
- In Coral gables, the median home price is higher at $1,112,000, while in Lake elsinore it is $535,000.
- Renting a two-bedroom apartment costs more in Coral gables at $2,500 than in Lake elsinore at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Coral gables | Lake elsinore |
|---|---|---|
| Electricity Price | $13.89 | $32.99 |
| Natural Gas Price | $26.13 | $16.99 |
| Other Utilities | $280 | $280 |
Utilities Comparison: Coral gables vs Lake elsinore
- Lake elsinore has higher electricity costs at $32.99 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 $16.99 in Lake elsinore.
- Utility expenses are equal in both Coral gables and Lake elsinore averaging $280.