Cost of Living: Waltham, MA vs Miami beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waltham | Miami beach |
|---|---|---|
| Housing Index | 130.0 | 155.0 |
| Median Home Price | $575,000 | $597,000 |
| Average Rent (2 BR Apartment) | $2500 | $3200 |
| Average Rent (2 BR House) | $2557 | $3280 |
Housing Comparison: Waltham vs Miami beach
- The median home price in Miami beach is higher at $597,000, compared to $575,000 in Waltham.
- In Miami beach, the rental for a two-bedroom apartment stands at $3,200, while it is $2,500 in Waltham.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waltham | Miami beach |
|---|---|---|
| Electricity Price | $28.15 | $13.89 |
| Natural Gas Price | $21.62 | $26.13 |
| Other Utilities | $300 | $200 |
Utilities Comparison: Waltham vs Miami beach
- Electricity costs are higher in Waltham at $28.15 per kWh, compared to $13.89 in Miami beach.
- Miami beach experiences higher natural gas costs at $26.13 per unit, with costs at $21.62 in Waltham.
- Other utility costs are higher in Waltham at an average of $300, compared to Miami beach with $200.