Cost of Living: Margate, FL vs Hillsboro, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Margate | Hillsboro |
|---|---|---|
| Housing Index | 120.0 | 120.5 |
| Median Home Price | $233,300 | $487,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2256 | $1840 |
Housing Comparison: Margate vs Hillsboro
- The median home price in Hillsboro is higher at $487,000, compared to $233,300 in Margate.
- Renting a two-bedroom apartment costs more in Margate at $2,200 than in Hillsboro 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 | Hillsboro |
|---|---|---|
| Electricity Price | $13.89 | $15.12 |
| Natural Gas Price | $26.13 | $16.5 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Margate vs Hillsboro
- Hillsboro has higher electricity costs at $15.12 per kWh, versus $13.89 in Margate.
- Natural gas is more expensive in Margate at $26.13 per unit, while it is cheaper at $16.5 in Hillsboro.
- Other utility costs are higher in Margate at an average of $280, compared to Hillsboro with $250.