Cost of Living: Moreno valley, CA vs Coral gables, FL

Housing

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

Metric Moreno valley Coral gables
Housing Index 115.0 135.0
Median Home Price $466,000 $1,112,000
Average Rent (2 BR Apartment) $2300 $2500
Average Rent (2 BR House) $2344 $2560

Housing Comparison: Moreno valley vs Coral gables

  • The median home price in Coral gables is higher at $1,112,000, compared to $466,000 in Moreno valley.
  • In Coral gables, the rental for a two-bedroom apartment stands at $2,500, while it is $2,300 in Moreno valley.

Utilities

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

Metric Moreno valley Coral gables
Electricity Price $32.99 $13.89
Natural Gas Price $16.99 $26.13
Other Utilities $250 $280

Utilities Comparison: Moreno valley vs Coral gables

  • Electricity costs are higher in Moreno valley at $32.99 per kWh, compared to $13.89 in Coral gables.
  • Coral gables experiences higher natural gas costs at $26.13 per unit, with costs at $16.99 in Moreno valley.
  • Coral gables has higher utility expenses, averaging $280, while Moreno valley averages $250.