Cost of Living: Talladega, AL vs Margate, FL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Talladega Margate
Housing Index 80.0 120.0
Median Home Price $165,000 $233,300
Average Rent (2 BR Apartment) $800 $2200
Average Rent (2 BR House) $856 $2256

Housing Comparison: Talladega vs Margate

  • The median home price in Margate is higher at $233,300, compared to $165,000 in Talladega.
  • Renting a two-bedroom apartment costs more in Talladega at $800 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 Talladega Margate
Electricity Price $15.03 $13.89
Natural Gas Price $21.76 $26.13
Other Utilities $200 $280

Utilities Comparison: Talladega vs Margate

  • Electricity costs are higher in Talladega at $15.03 per kWh, compared to $13.89 in Margate.
  • Margate experiences higher natural gas costs at $26.13 per unit, with costs at $21.76 in Talladega.
  • Margate has higher utility expenses, averaging $280, while Talladega averages $200.