Cost of Living: Miami beach, FL vs Salem, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami beach | Salem |
|---|---|---|
| Housing Index | 155.0 | 85.0 |
| Median Home Price | $597,000 | $100,000 |
| Average Rent (2 BR Apartment) | $3200 | $960 |
| Average Rent (2 BR House) | $3280 | $1024 |
Housing Comparison: Miami beach vs Salem
- In Miami beach, the median home price is higher at $597,000, while in Salem it is $100,000.
- In Salem, the rental for a two-bedroom apartment stands at $960, 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 | Salem |
|---|---|---|
| Electricity Price | $13.89 | $15.92 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $200 | $230 |
Utilities Comparison: Miami beach vs Salem
- Salem has higher electricity costs at $15.92 per kWh, versus $13.89 in Miami beach.
- Natural gas price data is currently unavailable.
- Salem has higher utility expenses, averaging $230, while Miami beach averages $200.