Is It Expensive To Live In Jacksonville Florida?
With an excellent job market, an attractively low median housing cost, and an exceptionally low cost of housing, there is no doubt that the city of Jacksonville is a great place to live. While there are certain downsides to living in Jacksonville, such as Jacksonville’s higher than average crime rates, it’s easy to see that this is a great place for the ambitious to test their mettle and explore their full potential.
Despite this, there are of course practical concerns to be taken into consideration before you take the next step and make the move to the city of Jacksonville. Among others, one such concern is the cost of living. Ascertaining this before moving is a crucial step in the process of relocating, and may make the difference between monetary success and failure. So, without further ado, let’s take a look at the cost of living in Jacksonville FL.
Cost of Living in Jacksonville
Fortunately, Jacksonville is home to an exceptionally low cost of living, large population notwithstanding. Housing is priced below average, as are most other basic necessities in Jacksonville. Everything from fuel to food can be found for excellent prices here; rest assured, a trip to the grocery store won’t lighten your pocketbook like it will in other cities half this size.
One thing that may give your finances a run for their money, however, is the cost of utilities. While not priced notably higher than average per unit, when summertime arrives you’re sure to see a marked increase in your utility bill. Florida’s summers are hot; the best way to escape this heat is to crank up the A/C, and you are sure to notice this on your monthly electric bill.
With the exception of utilities, it is abundantly clear that Jacksonville has an attractively low cost of living. Want to take advantage of this? Then you’ll want to contact one of the top real estate agents in Jacksonville FL, and start perusing available listings! Before you know it, you might just be calling the city of Jacksonville home!
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Same as term prospectus: Document that must accompany a new issue of securities for a real estate company or partnership. It includes the same information in the registration statement, ...
receiving something such as a cash payment. Written statement that something has been received such as cash, real property, or documents. The purchaser should always get a receipt. An ...
Said of property that is bought subject to the existing loan against it. ...
Person who will become the beneficiary if the original beneficiary dies before the insured. It is the policyholder's second election as beneficiary, dependent on the status of the primary ...
Property that is similar in characteristic and when exchanged is a nontaxable transaction. Any property that is not like-king, such as cash (boot), is taxed. As a result, a gain is not ...
An abstractor, or, most commonly known as an abstractor of title, is the individual that determines based on thorough research the condensed history needed for an abstract of title. They ...
Latin term meaning something in exchange for something else. For example, a person rushes through an order for another in return for having first choice in selecting a parcel of ...
Estimated value of property after a specified time period. ...
The term annuity due is a contract that demands payment at the beginning of each period. The most common example of an annuity due in real estate is rent when we consider that most ...
Have a question or comment?
We're here to help.