Cost of Living: Miami beach, FL vs New brunswick, NJ

Housing

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

Metric Miami beach New brunswick
Housing Index 155.0 120.0
Median Home Price $597,000 $305,000
Average Rent (2 BR Apartment) $3200 $2300
Average Rent (2 BR House) $3280 $2400

Housing Comparison: Miami beach vs New brunswick

  • In Miami beach, the median home price is higher at $597,000, while in New brunswick it is $305,000.
  • Renting a two-bedroom apartment costs more in Miami beach at $3,200 than in New brunswick at $2,300.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Miami beach New brunswick
Electricity Price $13.89 $19.88
Natural Gas Price $26.13 $14.01
Other Utilities $200 $250

Utilities Comparison: Miami beach vs New brunswick

  • New brunswick 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 $14.01 in New brunswick.
  • New brunswick has higher utility expenses, averaging $250, while Miami beach averages $200.