Cost of Living: North miami, FL vs Meridian, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | North miami | Meridian |
|---|---|---|
| Housing Index | 120.8 | 115.0 |
| Median Home Price | $356,000 | $427,000 |
| Average Rent (2 BR Apartment) | $2327 | $1762 |
| Average Rent (2 BR House) | $2529 | $1915 |
Housing Comparison: North miami vs Meridian
- The median home price in Meridian is higher at $427,000, compared to $356,000 in North miami.
- Renting a two-bedroom apartment costs more in North miami at $2,327 than in Meridian at $1,762.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | North miami | Meridian |
|---|---|---|
| Electricity Price | $13.89 | $12.28 |
| Natural Gas Price | $26.13 | $9.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: North miami vs Meridian
- Electricity costs are higher in North miami at $13.89 per kWh, compared to $12.28 in Meridian.
- Meridian experiences higher natural gas costs at $9.87 per unit, with costs at $26.13 in North miami.
- Utility expenses are equal in both North miami and Meridian averaging $250.