Cost of Living: South miami, FL vs Richardson, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South miami | Richardson |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $436,000 | $381,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1895 |
| Average Rent (2 BR House) | $Data is updating | $1943 |
Housing Comparison: South miami vs Richardson
- In South miami, the median home price is higher at $436,000, while in Richardson it is $381,000.
- The rent for a two-bedroom apartment is equal in both South miami and Richardson 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 | Richardson |
|---|---|---|
| Electricity Price | $13.89 | $14.47 |
| Natural Gas Price | $26.13 | $26.29 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: South miami vs Richardson
- Richardson has higher electricity costs at $14.47 per kWh, versus $13.89 in South miami.
- Richardson experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in South miami.
- Utility expenses are equal in both South miami and Richardson averaging $0.0.