Cost of Living: Galveston, TX vs Coral gables, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Galveston | Coral gables |
|---|---|---|
| Housing Index | 95.0 | 135.0 |
| Median Home Price | $317,000 | $1,112,000 |
| Average Rent (2 BR Apartment) | $1600 | $2500 |
| Average Rent (2 BR House) | $1656 | $2560 |
Housing Comparison: Galveston vs Coral gables
- The median home price in Coral gables is higher at $1,112,000, compared to $317,000 in Galveston.
- In Coral gables, the rental for a two-bedroom apartment stands at $2,500, while it is $1,600 in Galveston.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Galveston | Coral gables |
|---|---|---|
| Electricity Price | $14.47 | $13.89 |
| Natural Gas Price | $26.29 | $26.13 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Galveston vs Coral gables
- Electricity costs are higher in Galveston at $14.47 per kWh, compared to $13.89 in Coral gables.
- Natural gas is more expensive in Galveston at $26.29 per unit, while it is cheaper at $26.13 in Coral gables.
- Coral gables has higher utility expenses, averaging $280, while Galveston averages $250.