Cost of Living: Riverside, CA vs North miami, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Riverside | North miami |
|---|---|---|
| Housing Index | 125.5 | 120.8 |
| Median Home Price | $480,000 | $356,000 |
| Average Rent (2 BR Apartment) | $2300 | $2200 |
| Average Rent (2 BR House) | $2400 | $2240 |
Housing Comparison: Riverside vs North miami
- In Riverside, the median home price is higher at $480,000, while in North miami it is $356,000.
- Renting a two-bedroom apartment costs more in Riverside at $2,300 than in North miami 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 | Riverside | North miami |
|---|---|---|
| Electricity Price | $32.99 | $13.89 |
| Natural Gas Price | $16.99 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Riverside vs North miami
- Electricity costs are higher in Riverside at $32.99 per kWh, compared to $13.89 in North miami.
- North miami experiences higher natural gas costs at $26.13 per unit, with costs at $16.99 in Riverside.
- Utility expenses are equal in both Riverside and North miami averaging $250.