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 Glossary Terms
The largest financial intermediaries directly involved in the financing of real estate. Commercial banks act as lenders for a multitude of loans. While they occasionally provide financing ...
Two or more people have a legal duty that can be enforced against them by joint action, against all members, and against themselves as individuals. For example, a bank can require repayment ...
The profit or loss from selling an investment that is held one year or less. Short-term gains are ordinary income, while short-term losses are deducted from current income. Short-term gains ...
A capital asset. An expenditure to buy property and other capital assets that generate revenue. Securities of real estate companies. ...
Any of several types of legal joinders whereby one or more parties unites with or joins other parties in a legal action or proceeding even though the party may not be a direct part of the ...
Intent to deceive or never to carry out the provisions of an agreement. ...
Combination of insurance policies on property with each providing an additional increment of coverage exceeding the limits of the preceding policy. For example, policy A adds $70,000, then ...
Used to indicate what is included in a monthly payment on rental property. If the payment includes only principal and interest, property taxes, and hazard insurance would make the total ...
Having two families live in a residence designed for only one family. This violates single-family residence zoning. ...
Have a question or comment?
We're here to help.