Cost of Living: Miami beach, FL vs Highland, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami beach | Highland |
|---|---|---|
| Housing Index | 155.0 | 95.0 |
| Median Home Price | $597,000 | $238,000 |
| Average Rent (2 BR Apartment) | $3200 | $1200 |
| Average Rent (2 BR House) | $3280 | $1250 |
Housing Comparison: Miami beach vs Highland
- In Miami beach, the median home price is higher at $597,000, while in Highland it is $238,000.
- Renting a two-bedroom apartment costs more in Miami beach at $3,200 than in Highland at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami beach | Highland |
|---|---|---|
| Electricity Price | $13.89 | $16.15 |
| Natural Gas Price | $26.13 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Miami beach vs Highland
- Highland has higher electricity costs at $16.15 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 $16.59 in Highland.
- Highland has higher utility expenses, averaging $250, while Miami beach averages $200.