Cost of Living: Toledo, OH vs Margate, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Toledo | Margate |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $143,000 | $233,300 |
| Average Rent (2 BR Apartment) | $900 | $2200 |
| Average Rent (2 BR House) | $800 | $2256 |
Housing Comparison: Toledo vs Margate
- The median home price in Margate is higher at $233,300, compared to $143,000 in Toledo.
- Renting a two-bedroom apartment costs more in Toledo at $900 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 | Toledo | Margate |
|---|---|---|
| Electricity Price | $15.92 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $200 | $280 |
Utilities Comparison: Toledo vs Margate
- Electricity costs are higher in Toledo at $15.92 per kWh, compared to $13.89 in Margate.
- Natural gas price data is currently unavailable.
- Margate has higher utility expenses, averaging $280, while Toledo averages $200.