Cost of Living: Miami, FL vs Fresno, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami | Fresno |
|---|---|---|
| Housing Index | 140.5 | 120.5 |
| Median Home Price | $397,000 | $355,000 |
| Average Rent (2 BR Apartment) | $2800 | $1800 |
| Average Rent (2 BR House) | $2880 | $1850 |
Housing Comparison: Miami vs Fresno
- In Miami, the median home price is higher at $397,000, while in Fresno it is $355,000.
- Renting a two-bedroom apartment costs more in Miami at $2,800 than in Fresno at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami | Fresno |
|---|---|---|
| Electricity Price | $13.89 | $32.99 |
| Natural Gas Price | $26.13 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Miami vs Fresno
- Fresno has higher electricity costs at $32.99 per kWh, versus $13.89 in Miami.
- Natural gas is more expensive in Miami at $26.13 per unit, while it is cheaper at $16.99 in Fresno.
- Utility expenses are equal in both Miami and Fresno averaging $250.