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.