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
Home of 1 to 3 stories with stucco outside and a roof made of red tiles. ...
Short-term loan that is made to bridge the term between the end of one loan and the beginning of another. ...
What is a turnkey property? A turnkey property is a very popular type of investment property that real estate investors prefer because it starts bringing a return on investment quickly. ...
Bottom of a frame such as a window sill. ...
System for listing recorded documents affecting a particular tract of land. ...
Regular pattern of expansion (recovery) and contraction (recession) in total economic activity surrounding a growth trend, including the impact of economic variables such as employment and ...
Used primarily by real estate corporations as a means of restructuring and reorganizing existing debts. Creditors must vote on a debt-paying plan and a judge must give approval. It provides ...
All of the conditions of the purchase and sale agreement have been fulfilled. The escrow agent prepares a written summary of the funds received in escrow, and the moneys paid out. The agent ...
The term mortgage amortization is the steady switch occurring to each mortgage payment between how much interest is covered and how much principal each month. Simply put, mortgage ...
Have a question or comment?
We're here to help.