Cost of Living: Miami beach, FL vs Odessa, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami beach | Odessa |
|---|---|---|
| Housing Index | 155.0 | Data is updating |
| Median Home Price | $597,000 | $227,000 |
| Average Rent (2 BR Apartment) | $3200 | $Data is updating |
| Average Rent (2 BR House) | $3280 | $Data is updating |
Housing Comparison: Miami beach vs Odessa
- In Miami beach, the median home price is higher at $597,000, while in Odessa it is $227,000.
- The rent for a two-bedroom apartment is equal in both Miami beach and Odessa 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 | Odessa |
|---|---|---|
| Electricity Price | $13.89 | $14.47 |
| Natural Gas Price | $26.13 | $26.29 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Miami beach vs Odessa
- Odessa has higher electricity costs at $14.47 per kWh, versus $13.89 in Miami beach.
- Odessa experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Miami beach.
- Utility expenses are equal in both Miami beach and Odessa averaging $200.