Cost of Living: Miami gardens, FL vs Faulkner, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami gardens | Faulkner |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $419,000 | $420,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2260 | $Data is updating |
Housing Comparison: Miami gardens vs Faulkner
- The median home price in Faulkner is higher at $420,000, compared to $419,000 in Miami gardens.
- The rent for a two-bedroom apartment is equal in both Miami gardens and Faulkner at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami gardens | Faulkner |
|---|---|---|
| Electricity Price | $13.89 | $17.41 |
| Natural Gas Price | $26.13 | $18.44 |
| Other Utilities | $275 | $Data is updating |
Utilities Comparison: Miami gardens vs Faulkner
- Faulkner has higher electricity costs at $17.41 per kWh, versus $13.89 in Miami gardens.
- Natural gas is more expensive in Miami gardens at $26.13 per unit, while it is cheaper at $18.44 in Faulkner.
- Utility expenses are equal in both Miami gardens and Faulkner averaging $275.