Cost of Living: North miami, FL vs Boaz, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North miami | Boaz |
|---|---|---|
| Housing Index | 120.8 | 85.0 |
| Median Home Price | $356,000 | $189,000 |
| Average Rent (2 BR Apartment) | $2200 | $950 |
| Average Rent (2 BR House) | $2240 | $1200 |
Housing Comparison: North miami vs Boaz
- In North miami, the median home price is higher at $356,000, while in Boaz it is $189,000.
- In Boaz, the rental for a two-bedroom apartment stands at $950, while it is $2,200 in North miami.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North miami | Boaz |
|---|---|---|
| Electricity Price | $13.89 | $15.03 |
| Natural Gas Price | $26.13 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: North miami vs Boaz
- Boaz has higher electricity costs at $15.03 per kWh, versus $13.89 in North miami.
- Natural gas is more expensive in North miami at $26.13 per unit, while it is cheaper at $21.76 in Boaz.
- Other utility costs are higher in North miami at an average of $250, compared to Boaz with $200.