Cost of Living: Luray, VA vs Miami beach, FL

Housing

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

Metric Luray Miami beach
Housing Index 95.0 155.0
Median Home Price $261,000 $597,000
Average Rent (2 BR Apartment) $1200 $3200
Average Rent (2 BR House) $1360 $3280

Housing Comparison: Luray vs Miami beach

  • The median home price in Miami beach is higher at $597,000, compared to $261,000 in Luray.
  • In Miami beach, the rental for a two-bedroom apartment stands at $3,200, while it is $1,200 in Luray.

Utilities

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

Metric Luray Miami beach
Electricity Price $15.31 $13.89
Natural Gas Price $19.91 $26.13
Other Utilities $240 $200

Utilities Comparison: Luray vs Miami beach

  • Electricity costs are higher in Luray at $15.31 per kWh, compared to $13.89 in Miami beach.
  • Miami beach experiences higher natural gas costs at $26.13 per unit, with costs at $19.91 in Luray.
  • Other utility costs are higher in Luray at an average of $240, compared to Miami beach with $200.