Cost of Living: Margate, FL vs Hanford, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Margate | Hanford |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $233,300 | $283,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2256 | $1840 |
Housing Comparison: Margate vs Hanford
- The median home price in Hanford is higher at $283,000, compared to $233,300 in Margate.
- Renting a two-bedroom apartment costs more in Margate at $2,200 than in Hanford at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Margate | Hanford |
|---|---|---|
| Electricity Price | $13.89 | $32.99 |
| Natural Gas Price | $26.13 | $16.99 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Margate vs Hanford
- Hanford has higher electricity costs at $32.99 per kWh, versus $13.89 in Margate.
- Natural gas is more expensive in Margate at $26.13 per unit, while it is cheaper at $16.99 in Hanford.
- Other utility costs are higher in Margate at an average of $280, compared to Hanford with $250.