Cost of Living: Miami beach, FL vs Wylie, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami beach | Wylie |
|---|---|---|
| Housing Index | 155.0 | 90.2 |
| Median Home Price | $597,000 | $350,000 |
| Average Rent (2 BR Apartment) | $3200 | $1500 |
| Average Rent (2 BR House) | $3280 | $1600 |
Housing Comparison: Miami beach vs Wylie
- In Miami beach, the median home price is higher at $597,000, while in Wylie it is $350,000.
- Renting a two-bedroom apartment costs more in Miami beach at $3,200 than in Wylie at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami beach | Wylie |
|---|---|---|
| Electricity Price | $13.89 | $14.47 |
| Natural Gas Price | $26.13 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Miami beach vs Wylie
- Wylie has higher electricity costs at $14.47 per kWh, versus $13.89 in Miami beach.
- Wylie experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Miami beach.
- Wylie has higher utility expenses, averaging $250, while Miami beach averages $200.