Is It Expensive To Live In Jacksonville Florida?

Definition of "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!

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Ratification is typically required when an individual makes a decision. Still, they don’t have the legal authority to make it legally enforceable. In everyday discourse, ratification ...

The quality of life enjoyed by a person depending on factors such as spendable income, housing conditions, health and education. ...

Use of borrowed funds to enhance expected returns. It is anticipated that the investment will earn a return exceeding the after-tax cost of borrowing. ...

In regards to , in the matter of. Formal judicial method of entitling a matter before it. ...

Financial standing of a debtor as a basis to pay obligations. ...

Regular rental of property between the lessee and lessor for a fee. An operating lease does not satisfy the criteria for a capital lease. An example is renting an apartment. A lessee ...

Property held by an individual, such as furniture. ...

The term foraging comes from the old germanic language, which passed through Old French “fuerre” and “fourrage” and it means the search for wild food resources. ...

Self-employed contractor who may perform work on a structure such as residential or commercial property. ...