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

Housing

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

Metric Coral gables Silverado
Housing Index 135.0 140.0
Median Home Price $1,112,000 $710,000
Average Rent (2 BR Apartment) $2500 $2800
Average Rent (2 BR House) $2560 $2896

Housing Comparison: Coral gables vs Silverado

  • In Coral gables, the median home price is higher at $1,112,000, while in Silverado it is $710,000.
  • In Silverado, the rental for a two-bedroom apartment stands at $2,800, while it is $2,500 in Coral gables.

Utilities

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

Metric Coral gables Silverado
Electricity Price $13.89 $32.99
Natural Gas Price $26.13 $16.99
Other Utilities $280 $250

Utilities Comparison: Coral gables vs Silverado

  • Silverado 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 Silverado.
  • Other utility costs are higher in Coral gables at an average of $280, compared to Silverado with $250.