Cost of Living: South miami, FL vs Lakewood, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South miami | Lakewood |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $436,000 | $568,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2100 |
| Average Rent (2 BR House) | $Data is updating | $2145 |
Housing Comparison: South miami vs Lakewood
- The median home price in Lakewood is higher at $568,000, compared to $436,000 in South miami.
- The rent for a two-bedroom apartment is equal in both South miami and Lakewood at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | South miami | Lakewood |
|---|---|---|
| Electricity Price | $13.89 | $15.21 |
| Natural Gas Price | $26.13 | $11.3 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: South miami vs Lakewood
- Lakewood has higher electricity costs at $15.21 per kWh, versus $13.89 in South miami.
- Natural gas is more expensive in South miami at $26.13 per unit, while it is cheaper at $11.3 in Lakewood.
- Utility expenses are equal in both South miami and Lakewood averaging $0.0.