Definition of "Is St. Augustine expensive?"

With the economy as it is today, cost of living is of more importance than ever when it comes to choosing a place to live. Cost of living determines how much time you’ll spend working, what house you’ll be able to afford, what kind of car you drive, and many other aspects of daily life. Simply put, you’re wondering if it’s a good place to live

If you’re here, chances are you’re thinking of moving to St. Augustine, and you’re wondering what the cost of living is here. There are a lot of reasons you might want to move to this historic city, but if you can’t afford the cost of living, you might want to consider someplace cheaper, right? Well, we’ve got good news: it might not be as bad as you’d think! 

Cost of living in St. Augustine Florida 

Now, with such a high rate of tourism and such an attractive location due to how well known the city is, you might expect St. Augustine to be home to a higher than average cost of living; but this couldn’t be further from the truth! With the exception of housing, the cost of living in St. Augustine is actually lower than average in most areas. 

Food, fuel, healthcare and utilities are all well below average in cost, saving you tons in monthly costs. And even though housing is slightly above average in price, the rapidly appreciating property values in St. Augustine Florida provides home buyers with the assurance that their home will be worth more when their mortgage is paid off. 


How expensive is a house in St. Augustine, you ask? Well, the median home price is $289,000, as compared to the state average of $252,000 and the national average of $226,000. While this may seem a bit steep, compared to most other attractive cities in the state this is relatively low. 


If you’re interested in moving to this charming city, the best way to make that happen is by getting in touch with one of the real estate agents in St. Augustine FL. These highly qualified, experienced real estate professionals will have you in a home that suits your needs in no time, at the best price possible. Enjoy St. Augustine!

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

A lease granted for the right to explore for and recover oil and gas on a specific parcel of property. The terms of an oil and gas lease specify the length of time of the contract, the ...

An open surface constructed on top of a flat roof. Normally, a railing is constructed on the sides of a deck roof. See also deck. ...

When we look at title policies, there are different types of coverages offered by title companies. Figuring out which one is the best option in your particular situation often depends on ...

Risk resulting from possible increases or decreases in price levels that can substantially impact real estate values. ...

The legal requirement of a debtor, obligor, to pay a debt and the legal right of a creditor, obligee, to demand satisfaction of a debt or enforce payment in the event of default. ...

Laws enacted by every state governing the activities and requirements of real estate salespeople and brokers. Upon satisfying the necessary age and residency requirements and satisfactorily ...

Structure of prefabricated units. ...

Also called "Grey Shell, "Bare Shell," and "Artic Shell," a Cold Shell could be described as the more radical version of a Vanilla Shell. So, what does precisely the Cold Shell definition ...

Transfer of both real and personal property. An example is the sale of a home with personal belongings. Putting together a group of property to be sold together, perhaps at a discount ...