Cost of Living: Margate, FL vs Cleveland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Margate | Cleveland |
|---|---|---|
| Housing Index | 120.0 | 70.0 |
| Median Home Price | $233,300 | $175,000 |
| Average Rent (2 BR Apartment) | $2200 | $800 |
| Average Rent (2 BR House) | $2256 | $840 |
Housing Comparison: Margate vs Cleveland
- In Margate, the median home price is higher at $233,300, while in Cleveland it is $175,000.
- In Cleveland, the rental for a two-bedroom apartment stands at $800, while it is $2,200 in Margate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Margate | Cleveland |
|---|---|---|
| Electricity Price | $13.89 | $13.42 |
| Natural Gas Price | $26.13 | $22.19 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Margate vs Cleveland
- Electricity costs are higher in Margate at $13.89 per kWh, compared to $13.42 in Cleveland.
- Natural gas is more expensive in Margate at $26.13 per unit, while it is cheaper at $22.19 in Cleveland.
- Other utility costs are higher in Margate at an average of $280, compared to Cleveland with $200.