Cost of Living: Holly springs, NC vs Miami, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Holly springs | Miami |
|---|---|---|
| Housing Index | 115.0 | 140.5 |
| Median Home Price | $420,000 | $397,000 |
| Average Rent (2 BR Apartment) | $1500 | $2800 |
| Average Rent (2 BR House) | $1600 | $2880 |
Housing Comparison: Holly springs vs Miami
- In Holly springs, the median home price is higher at $420,000, while in Miami it is $397,000.
- In Miami, the rental for a two-bedroom apartment stands at $2,800, while it is $1,500 in Holly springs.
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 | $13.72 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Holly springs vs Miami
- Miami has higher electricity costs at $13.89 per kWh, versus $13.72 in Holly springs.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Holly springs and Miami averaging $250.