What Is The Cost Of Living In Jacksonville FL?March 14, 2023
Can you guess the cost of living in Jacksonville Fl? Maybe not. Because the cost of living in Jacksonville, FL is not fixed but varies according to the inflation rate in Florida. Jacksonville is a city located in Northeast Florida. You can call it just Jax. It is one of the best cities if Florida and it offers residents a feeling of suburban. This city is safe and full of restaurants, parks and lots of things to do. So, without further delay let’s know the cost of living in Jacksonville FL.
What Is The Cost Of Living In Jacksonville FL?
The cost of living in Jacksonville FL is high because of the higher cost of transportation, utilities, and grocery. The table given below will make you clear about the average cost of living in Jacksonville FL. Here, the Jacksonville cost of living index is made by referring to the national average US cost of 100.
|Cost Of Living For||Jacksonville FL||USA|
|Median Home Cost||$231,800||$291,700|
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When you move to a new place, your first and basic need is to find an affordable and a good house. But it is not that much easy. Therefore, the table given below will help you out. It will give you an idea of the rent of 1 and 2 bedroom houses in the various cities of Florida including the average cost of apartments in Jacksonville FL.
|City||Approx 1 Bedroom Rent||Approx 2 Bedroom Rent|
The cost of living in Florida is less than the national cost because of the cheaper rates of food. Florida is a country where most agriculture production takes place. Similarly, the cost of food in Jacksonville is also low. So, the salary needed to live in Jacksonville, FL is around $37,880. Here is the cost of living in different cities in Florida including the cost of living in Tallahassee, Florida.
|City||Approx Dinner For 2|
Travelling is a part of day-to-day life and it costs you a considerable amount. The average price to visit Jacksonville is $1,478 for a solo person, 2,654 for a couple, and $4,976 for a family of 4 members. Here you can also buy a monthly pass for public transport.
The other expenses will give you the cost of healthcare, utility, internet, fitness, and many more.
While looking for the cost of living in Jacksonville FL vs Tampa FL you will find that Jacksonville is more expensive than Tampa. The average cost of health insurance in Jacksonville is $7,389 per person.
In Jacksonville, the Utility bills cost is more than the average national cost of living. And in the state of Florida, rather than Jacksonville the cost of living Gainesville, FL is more. The average electricity bill in Jacksonville FL is $126.44 per month.
Without the Internet, how will you perform your online work at the office or the school homework. Internet cost in Jacksonville FL is vary according to the provider. AT&T’s starting price is $35 per month, and Xfinity’s starting cost is around $25 per month. Also, HughesNet’s starting cost of Internet is $59.99 per month.
If you are a fitness freak, then you can buy the membership starting at $38 per month. The fitness rates are subject to change according to the club and current promotions or offers. If you can not afford more value then you can also buy a membership costing $9.99 per month.
Entertainment will cost you some money but give your life meaning. So, the entertainment and activities in Jacksonville typically cost an average of $16 per person, per day.
The minimum combined 2022 sales tax rate for Jacksonville, Florida, is 7%. This is the total state, country and city sales tax rates. The state of Florida’s sales tax rate is currently 4%. The property tax rates in Jacksonville are lower than the average amount paid in the rest of the country.
How Much Do You Need To Live Comfortably In Jacksonville FL?
The average salary needed to live comfortably in Jacksonville is around $37,880. The average price for a single-family home in Jacksonville is about $202,000.
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How Much Do I Need To Make To Live In Jacksonville?
In Duval County, Jacksonville residents need an annual income of $37,880, or an hourly wage of $18.21, to afford the cost of an average two-bedroom apartment — about $947 a month. In Nassau, St. Johns and Clay counties, an annual income of $37,880 is also needed to afford a two-bedroom apartment.
Is Jacksonville Florida A Cheap Place To Live?
Compared to other major U.S. cities, Jacksonville usually has one of the lowest costs of living. That’s because the homes in this city are more affordable than average. Many people who move to Florida feel that they are trading higher living costs for nicer weather.
What Is A Good Salary In Jacksonville FL?
A good salary in Jacksonville, FL is anything over $41,000. That’s because the median income in Jacksonville is $41,000, which means if you earn more than that you’re earning more than 50% of the people living in Jacksonville. The average salary in Jacksonville is $48,409.
Does Jacksonville FL Get Hit By Hurricanes?
When it comes to Jacksonville, Florida, it’s hurricanes. Being on the brutal east coast, so many tropical storms and hurricanes sweep through Jacksonville every year that the locals are slowly running out of names.
Why Are People Moving To Jacksonville?
With a strong local economy, gorgeous weather, highly-ranked schools, and brand new housing choices, more people are considering relocating to Jacksonville, FL than ever before. Jacksonville is the most populous city in Florida, and with 874 square miles to spread out, there’s room for everyone who wants to live here.
Is Rent Expensive In Jacksonville Florida?
Jacksonville is the #47 most expensive large city in the U.S., with a median rent of $1,454. Citywide, the median rent currently stands at $1,186 for a 1-bedroom apartment and $1,410 for a 2-bedroom.
Is Jacksonville Affordable To Live?
Jacksonville’s housing expenses are 6% lower than the national average and the utility prices are 5% higher than the national average. Transportation expenses like bus fares and gas prices are 17% lower than the national average. Jacksonville has grocery prices that are 2% lower than the national average.
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While going through the article you become familiar with the living cost in Jacksonville FL. and you can say that the living cost in Jackson is high. But it is also true that the residents of the Jacksonville area on average earn enough money to make the cost of living more affordable. When you look at the cost of living in Dallas vs Jacksonville FL, then you will find there is not much difference. Now, you can move to Jacksonville FL because you know the cost of living in Jacksonville FL.
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