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.