Cost of Living: Miami, FL vs Portsmouth, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami | Portsmouth |
|---|---|---|
| Housing Index | 140.5 | 120.8 |
| Median Home Price | $397,000 | $425,000 |
| Average Rent (2 BR Apartment) | $2800 | $2200 |
| Average Rent (2 BR House) | $2880 | $2272 |
Housing Comparison: Miami vs Portsmouth
- The median home price in Portsmouth is higher at $425,000, compared to $397,000 in Miami.
- Renting a two-bedroom apartment costs more in Miami at $2,800 than in Portsmouth at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami | Portsmouth |
|---|---|---|
| Electricity Price | $13.89 | $22.44 |
| Natural Gas Price | $26.13 | $17.58 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Miami vs Portsmouth
- Portsmouth has higher electricity costs at $22.44 per kWh, versus $13.89 in Miami.
- Natural gas is more expensive in Miami at $26.13 per unit, while it is cheaper at $17.58 in Portsmouth.
- Utility expenses are equal in both Miami and Portsmouth averaging $250.