Cost of Living: Miami beach, FL vs Ferndale, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami beach | Ferndale |
|---|---|---|
| Housing Index | 155.0 | Data is updating |
| Median Home Price | $597,000 | $223,000 |
| Average Rent (2 BR Apartment) | $3200 | $Data is updating |
| Average Rent (2 BR House) | $3280 | $Data is updating |
Housing Comparison: Miami beach vs Ferndale
- In Miami beach, the median home price is higher at $597,000, while in Ferndale it is $223,000.
- The rent for a two-bedroom apartment is equal in both Miami beach and Ferndale at $3,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami beach | Ferndale |
|---|---|---|
| Electricity Price | $13.89 | $19.88 |
| Natural Gas Price | $26.13 | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Miami beach vs Ferndale
- Ferndale has higher electricity costs at $19.88 per kWh, versus $13.89 in Miami beach.
- Natural gas is more expensive in Miami beach at $26.13 per unit, while it is cheaper at $15.42 in Ferndale.
- Utility expenses are equal in both Miami beach and Ferndale averaging $200.