Cost of Living: Jersey city, NJ vs Miami beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jersey city | Miami beach |
|---|---|---|
| Housing Index | 145.0 | 155.0 |
| Median Home Price | $579,000 | $597,000 |
| Average Rent (2 BR Apartment) | $3200 | $3200 |
| Average Rent (2 BR House) | $2800 | $3280 |
Housing Comparison: Jersey city vs Miami beach
- The median home price in Miami beach is higher at $597,000, compared to $579,000 in Jersey city.
- The rent for a two-bedroom apartment is equal in both Jersey city and Miami beach at $3,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jersey city | Miami beach |
|---|---|---|
| Electricity Price | $19.88 | $13.89 |
| Natural Gas Price | $14.01 | $26.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Jersey city vs Miami beach
- Electricity costs are higher in Jersey city at $19.88 per kWh, compared to $13.89 in Miami beach.
- Miami beach experiences higher natural gas costs at $26.13 per unit, with costs at $14.01 in Jersey city.
- Other utility costs are higher in Jersey city at an average of $250, compared to Miami beach with $200.