Cost of Living: Madisonville, KY vs Miami gardens, FL

Housing

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

Metric Madisonville Miami gardens
Housing Index 80.0 115.0
Median Home Price $159,000 $419,000
Average Rent (2 BR Apartment) $800 $2200
Average Rent (2 BR House) $850 $2260

Housing Comparison: Madisonville vs Miami gardens

  • The median home price in Miami gardens is higher at $419,000, compared to $159,000 in Madisonville.
  • Renting a two-bedroom apartment costs more in Madisonville at $800 than in Miami gardens at $2,200.

Utilities

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

Metric Madisonville Miami gardens
Electricity Price $12.87 $13.89
Natural Gas Price $22.78 $26.13
Other Utilities $200 $275

Utilities Comparison: Madisonville vs Miami gardens

  • Miami gardens has higher electricity costs at $13.89 per kWh, versus $12.87 in Madisonville.
  • Miami gardens experiences higher natural gas costs at $26.13 per unit, with costs at $22.78 in Madisonville.
  • Miami gardens has higher utility expenses, averaging $275, while Madisonville averages $200.