Cost of Living: Norwalk, CT vs Margate, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norwalk | Margate |
|---|---|---|
| Housing Index | 125.0 | 120.0 |
| Median Home Price | $486,500 | $233,300 |
| Average Rent (2 BR Apartment) | $2400 | $2200 |
| Average Rent (2 BR House) | $2450 | $2256 |
Housing Comparison: Norwalk vs Margate
- In Norwalk, the median home price is higher at $486,500, while in Margate it is $233,300.
- Renting a two-bedroom apartment costs more in Norwalk at $2,400 than in Margate at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norwalk | Margate |
|---|---|---|
| Electricity Price | $26 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $290 | $280 |
Utilities Comparison: Norwalk vs Margate
- Electricity costs are higher in Norwalk at $26 per kWh, compared to $13.89 in Margate.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Norwalk at an average of $290, compared to Margate with $280.