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.