Cost of Living: Miami beach, FL vs Mountain home, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami beach | Mountain home |
|---|---|---|
| Housing Index | 155.0 | 102.0 |
| Median Home Price | $597,000 | $197,000 |
| Average Rent (2 BR Apartment) | $3200 | $950 |
| Average Rent (2 BR House) | $3280 | $960 |
Housing Comparison: Miami beach vs Mountain home
- In Miami beach, the median home price is higher at $597,000, while in Mountain home it is $197,000.
- In Mountain home, the rental for a two-bedroom apartment stands at $950, while it is $3,200 in Miami beach.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami beach | Mountain home |
|---|---|---|
| Electricity Price | $13.89 | $12.36 |
| Natural Gas Price | $26.13 | $17.08 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Miami beach vs Mountain home
- Electricity costs are higher in Miami beach at $13.89 per kWh, compared to $12.36 in Mountain home.
- Natural gas is more expensive in Miami beach at $26.13 per unit, while it is cheaper at $17.08 in Mountain home.
- Mountain home has higher utility expenses, averaging $250, while Miami beach averages $200.