Cost of Living: Miami, FL vs Mcdonough, GA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Miami | Mcdonough |
---|---|---|
Housing Index | 140.5 | 110.0 |
Median Home Price | $397,000 | $278,000 |
Average Rent (2 BR Apartment) | $2800 | $1450 |
Average Rent (2 BR House) | $2880 | $1485 |
Housing Comparison: Miami vs Mcdonough
- In Miami, the median home price is higher at $397,000, while in Mcdonough it is $278,000.
- Renting a two-bedroom apartment costs more in Miami at $2,800 than in Mcdonough at $1,450.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Miami | Mcdonough |
---|---|---|
Electricity Price | $13.89 | $15.53 |
Natural Gas Price | $26.13 | $27.53 |
Other Utilities | $250 | $250 |
Utilities Comparison: Miami vs Mcdonough
- Mcdonough has higher electricity costs at $15.53 per kWh, versus $13.89 in Miami.
- Mcdonough experiences higher natural gas costs at $27.53 per unit, with costs at $26.13 in Miami.
- Utility expenses are equal in both Miami and Mcdonough averaging $250.