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

Loan with a significant down payment with the balance being paid in equal periodic payments over a short time period. There is no interest charge. An example is when a seller of real ...

Early American style 1 story house with a steep gable roof covered with shingles. The bedrooms are on the first floor, but the attic is often finished and made into additional bedrooms. ...

Exchange of products or property between individuals in which no cash is paid. ...

percentage relationship of a specific part of property to the whole property. An example is the square footage of one office to the square footage of all offices in an office building. ...

Right to peaceful enjoyment of property while the legal title is held by one person and the property is used by another. ...

Borrower's right to redeem his property by immediately paying off the loan balance and any related costs. ...

Method of constructing a brick, block, or stone wall using mortar in various overlapping patterns. The brick pattern is extremely important in terms of adding strength and stability to the ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

The portion of a structure providing the primary ground support. Foundations have a foundation wall forming a permanent below grade retaining wall. All modern foundations rely on concrete ...