Cost of Living: Holly springs, MS vs Miami, FL

Housing

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

Metric Holly springs Miami
Housing Index 75.0 140.5
Median Home Price $150,000 $397,000
Average Rent (2 BR Apartment) $800 $2800
Average Rent (2 BR House) $960 $2880

Housing Comparison: Holly springs vs Miami

  • The median home price in Miami is higher at $397,000, compared to $150,000 in Holly springs.
  • Renting a two-bedroom apartment costs more in Holly springs at $800 than in Miami at $2,800.

Utilities

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

Metric Holly springs Miami
Electricity Price $13.42 $13.89
Natural Gas Price $22.19 $26.13
Other Utilities $200 $250

Utilities Comparison: Holly springs vs Miami

  • Miami has higher electricity costs at $13.89 per kWh, versus $13.42 in Holly springs.
  • Miami experiences higher natural gas costs at $26.13 per unit, with costs at $22.19 in Holly springs.
  • Miami has higher utility expenses, averaging $250, while Holly springs averages $200.