Is Palm Coast Florida A Good Place To Live?
Considering how much the population has grown in Palm Coast over the last decade, the city on the East Coast of Florida seems to be a very sought out destination for many families as well as for seniors looking to retire.
The combination of year-round warm climate, unique attractions, and an amazing holiday atmosphere seem to collaborate in making Palm Coast become one of the most populous cities in Florida. Still, let's look at the more analytical side of the issue. What exactly makes Palm Coast, FL such a sought after location.
Cost of Living
The overall expenditures for living in Palm Coast, FL are not only lower than the national average by 9% but also lower than Florida’s average by 11%. When comparing the cost of living in Palm Coast to the national average there will be some visible differences that make a big difference.
Housing
As the biggest investment of any move, housing costs are important and they might make a possible new resident look to other cities if the amount of money required is too high. This is highly unlikely to happen in Palm Coast as the average housing cost is 24% lower than the national average. Furthermore, when compared to other cities from the same metropolitan area, housing is still less expensive. As part of the Deltona–Daytona Beach–Ormond Beach, Florida Metropolitan Statistical Area, Palm Coast housing is 8.7% more affordable than in Daytona Beach as well as 19.5% cheaper than Flagler Beach. Currently the over 91,000 residents of Palm Coast, FL are very comfortable with their situation in their waterfront homes. Real estate agents in Palm Coast FL will surely accommodate you as well in your dream waterfront home.
Other expenses
Utilities are the only factor that has higher costs than the national average as prices are higher by 4% in the Palm Coast area than elsewhere. When it comes to public transport and gas prices the balance shifts again in this city’s favor by being more affordable by 7%. A monthly pass for public transportation in Palm Beach is around $50 while the national average is $75.
Food and groceries are also more affordable in Palm Coast even if the difference is only 2%. A three-course meal for two people at a mid-range restaurant averages nationally at $55 while in Palm Coast, FL you’ll only spend $40. However, if you’re more comfortable with cooking at home, 1lb Beef Round averages at $5.46 in the U.S. while Palm Coast residents spend only $3.21.
The differences add up in time but by only looking at the cost of living it’s clear to see that Palm Coast offers a more comfortable way of life.
Livability
The residents of Palm Coast, FL love the great weather, the low crime rate, and amenities available so close to the shore, but there are other things that are more important than the amazing view. The amazing outdoors and weekend retreats are a great pastime but life, unfortunately, isn’t a continuous holiday, even if it might look like it here.
Education
The schools located in Palm Coast are in great demand in Flagler County as three were rated as “A” schools
A great thing about education in Palm Coast, however, is the belief that education doesn’t stop once you get your diploma. There are many available options where residents of all ages are able to enroll in their chosen courses. Some may want to continue studying their subjects or learn about new technologies and here they have that option not only through online courses but also through actively participating.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Amount paid back or credit given because of an overcollection or the return of property sold. Also called refund. Unearned interest refunded to a borrower if the loan is paid off before ...
Any of a number of types of covenants agreeing to do or not to do something that is attached to the title and is passed form one owner to the next. See also covenant running with the land. ...
Obligation requiring payments of interest and principal at periodic dates, usually monthly. Interest equals the balance of the loan at the beginning of the period multiplied by the interest ...
Oral or written contract that is not enforceable by the judicial system. Examples are contracts with minors, fraudulent agreements and contracts that exceed the statute of limitations. ...
A bond, also known as a completion bond, given by a contractor and issued by an insurance company to guarantee the completion of contracted work. Public authorities often require a ...
Cubic unit of measure for a board one-foot long, one-foot wide and one inch thick, or 144 cubic inches. These measurements are not actual, since they are stated prior to finishing and ...
The maximum depth to which the ground normally becomes frozen in a given geographic area. The depth of the frost line is an important consideration when placing or installing pipes or any ...
Person or business that benefits from the work of another person or business. The recipient has not compensated the other party for this gain. In law, the one being enriched at the ...
Money earned or accrued during an accounting period that results in the increase in total assets. Items such as rental income. Revenues arising from the sales of real estate. The ...
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