Cost of Living: Miami beach, FL vs Fredericksburg, TX

Housing

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

Metric Miami beach Fredericksburg
Housing Index 155.0 110.0
Median Home Price $597,000 $408,000
Average Rent (2 BR Apartment) $3200 $1800
Average Rent (2 BR House) $3280 $1880

Housing Comparison: Miami beach vs Fredericksburg

  • In Miami beach, the median home price is higher at $597,000, while in Fredericksburg it is $408,000.
  • Renting a two-bedroom apartment costs more in Miami beach at $3,200 than in Fredericksburg 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 Miami beach Fredericksburg
Electricity Price $13.89 $14.47
Natural Gas Price $26.13 $26.29
Other Utilities $200 $250

Utilities Comparison: Miami beach vs Fredericksburg

  • Fredericksburg has higher electricity costs at $14.47 per kWh, versus $13.89 in Miami beach.
  • Fredericksburg experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Miami beach.
  • Fredericksburg has higher utility expenses, averaging $250, while Miami beach averages $200.