Cost of Living: Miami, FL vs Mount clemens, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Miami Mount clemens
Housing Index 140.5 85.0
Median Home Price $397,000 $185,000
Average Rent (2 BR Apartment) $2800 $1200
Average Rent (2 BR House) $2880 $1280

Housing Comparison: Miami vs Mount clemens

  • In Miami, the median home price is higher at $397,000, while in Mount clemens it is $185,000.
  • Renting a two-bedroom apartment costs more in Miami at $2,800 than in Mount clemens at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Miami Mount clemens
Electricity Price $13.89 $19.88
Natural Gas Price $26.13 $15.42
Other Utilities $250 $250

Utilities Comparison: Miami vs Mount clemens

  • Mount clemens has higher electricity costs at $19.88 per kWh, versus $13.89 in Miami.
  • Natural gas is more expensive in Miami at $26.13 per unit, while it is cheaper at $15.42 in Mount clemens.
  • Utility expenses are equal in both Miami and Mount clemens averaging $250.