Cost of Living: Coral gables, FL vs Waldron, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral gables | Waldron |
|---|---|---|
| Housing Index | 135.0 | 85.0 |
| Median Home Price | $1,112,000 | $100,000 |
| Average Rent (2 BR Apartment) | $2500 | $800 |
| Average Rent (2 BR House) | $2560 | $816 |
Housing Comparison: Coral gables vs Waldron
- In Coral gables, the median home price is higher at $1,112,000, while in Waldron it is $100,000.
- In Waldron, the rental for a two-bedroom apartment stands at $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 | Waldron |
|---|---|---|
| Electricity Price | $13.89 | $12.36 |
| Natural Gas Price | $26.13 | $17.08 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Coral gables vs Waldron
- Electricity costs are higher in Coral gables at $13.89 per kWh, compared to $12.36 in Waldron.
- Natural gas is more expensive in Coral gables at $26.13 per unit, while it is cheaper at $17.08 in Waldron.
- Other utility costs are higher in Coral gables at an average of $280, compared to Waldron with $200.