Cost of Living: Washington, DC vs Coral gables, FL

Housing

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

Metric Washington Coral gables
Housing Index 140.0 135.0
Median Home Price $679,000 $1,112,000
Average Rent (2 BR Apartment) $3000 $2500
Average Rent (2 BR House) $3200 $2560

Housing Comparison: Washington vs Coral gables

  • The median home price in Coral gables is higher at $1,112,000, compared to $679,000 in Washington.
  • Renting a two-bedroom apartment costs more in Washington at $3,000 than in Coral gables at $2,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Washington Coral gables
Electricity Price $17.11 $13.89
Natural Gas Price $18.41 $26.13
Other Utilities $250 $280

Utilities Comparison: Washington vs Coral gables

  • Electricity costs are higher in Washington at $17.11 per kWh, compared to $13.89 in Coral gables.
  • Coral gables experiences higher natural gas costs at $26.13 per unit, with costs at $18.41 in Washington.
  • Coral gables has higher utility expenses, averaging $280, while Washington averages $250.