Cost of Living: Miami, FL vs Lancaster, OH
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Miami | Lancaster |
---|---|---|
Housing Index | 140.5 | Data is updating |
Median Home Price | $397,000 | $223,000 |
Average Rent (2 BR Apartment) | $2800 | $Data is updating |
Average Rent (2 BR House) | $2880 | $Data is updating |
Housing Comparison: Miami vs Lancaster
- In Miami, the median home price is higher at $397,000, while in Lancaster it is $223,000.
- The rent for a two-bedroom apartment is equal in both Miami and Lancaster at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Miami | Lancaster |
---|---|---|
Electricity Price | $13.89 | $15.92 |
Natural Gas Price | $26.13 | $Data is updating |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Miami vs Lancaster
- Lancaster has higher electricity costs at $15.92 per kWh, versus $13.89 in Miami.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Miami and Lancaster averaging $250.