Cost of Living: North miami, FL vs Gallatin, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North miami | Gallatin |
|---|---|---|
| Housing Index | 120.8 | 110.5 |
| Median Home Price | $356,000 | $398,000 |
| Average Rent (2 BR Apartment) | $2200 | $1500 |
| Average Rent (2 BR House) | $2240 | $1600 |
Housing Comparison: North miami vs Gallatin
- The median home price in Gallatin is higher at $398,000, compared to $356,000 in North miami.
- Renting a two-bedroom apartment costs more in North miami at $2,200 than in Gallatin at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North miami | Gallatin |
|---|---|---|
| Electricity Price | $13.89 | $12.57 |
| Natural Gas Price | $26.13 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: North miami vs Gallatin
- Electricity costs are higher in North miami at $13.89 per kWh, compared to $12.57 in Gallatin.
- Natural gas is more expensive in North miami at $26.13 per unit, while it is cheaper at $12.35 in Gallatin.
- Utility expenses are equal in both North miami and Gallatin averaging $250.