Cost of Living: Draper, UT vs South miami, FL

Housing

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

Metric Draper South miami
Housing Index 108.8 110.9
Median Home Price $487,500 $436,000
Average Rent (2 BR Apartment) $1640 $2596
Average Rent (2 BR House) $1782 $2822

Housing Comparison: Draper vs South miami

  • In Draper, the median home price is higher at $487,500, while in South miami it is $436,000.
  • In South miami, the rental for a two-bedroom apartment stands at $2,596, while it is $1,640 in Draper.

Utilities

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

Metric Draper South miami
Electricity Price $11.5 $13.89
Natural Gas Price $14 $26.13
Other Utilities $242 $243

Utilities Comparison: Draper vs South miami

  • South miami has higher electricity costs at $13.89 per kWh, versus $11.5 in Draper.
  • South miami experiences higher natural gas costs at $26.13 per unit, with costs at $14 in Draper.
  • South miami has higher utility expenses, averaging $243, while Draper averages $242.