Cost of Living: Miami, FL vs Winnsboro, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Miami | Winnsboro |
|---|---|---|
| Housing Index | 140.5 | 90.0 |
| Median Home Price | $397,000 | $137,000 |
| Average Rent (2 BR Apartment) | $2800 | $840 |
| Average Rent (2 BR House) | $2880 | $856 |
Housing Comparison: Miami vs Winnsboro
- In Miami, the median home price is higher at $397,000, while in Winnsboro it is $137,000.
- In Winnsboro, the rental for a two-bedroom apartment stands at $840, while it is $2,800 in Miami.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Miami | Winnsboro |
|---|---|---|
| Electricity Price | $13.89 | $11.42 |
| Natural Gas Price | $26.13 | $19.48 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Miami vs Winnsboro
- Electricity costs are higher in Miami at $13.89 per kWh, compared to $11.42 in Winnsboro.
- Natural gas is more expensive in Miami at $26.13 per unit, while it is cheaper at $19.48 in Winnsboro.
- Other utility costs are higher in Miami at an average of $250, compared to Winnsboro with $200.