Is Venice Florida Expensive?

Known as the “shark tooth capital of the world” Venice, Florida is known for its beautiful shorelines and the friendly and happy population makes it a wonderful place to live. In fact, Venice was voted one of the happiest coastal destinations back in 2015 and it stands up to its name even today. 

Even though it is a city of Florida, Venice has quite a few aspects that date back to the Italian Renaissance period. First, it is hard not to spot the beautiful architecture of the buildings that takes you back in that period of time as well as the Mediterranean style-shops that line up the boulevards of Venice, FL. The tall and umbrella-like palms that fill up the streets make it a pleasure to stroll down the road and just enjoy the beautiful sight.

These are only a couple of things Venice, FL is known for and a place like this presents a lot of interest for many people who want to settle down in a vibrant city. But how expensive is Venice, Florida, and how much would it take to live here?

What are the costs of living in Venice, FL?

As far as the cost of living goes in Venice, FL, the average is very close to the national average. The overall cost of living compared to the US average is just about 3% higher which makes the city of Venice, FL quite affordable for what it has to offer.

Venice, FL offers cheap transportation therefore, all means of transportation will come at lower costs compared to other cities in Florida or the US in general. Transporation includes gas expenses and monthly subscriptions for public transport, all of these are cheaper compared to other cities throughout Florida. On the other hand, health care, groceries, and housing have a higher cost compared to the national average.

What is the median home price in Venice, FL?

The median home price stands at around $250,000 and the median price per square foot is about $175. This makes the housing market in the area more expensive compared to the state average that is around $230,000 and the national average that stands at $210,000. These are just rough estimates of what the housing market looks like in Venice, FL and like any market, it will experience changes.

Most of the homes for sale in Venice, FL will be between the price range of $200,000 to $500,000 while homes under the price of $200,000 are more scarce. If you contact one of the best real estate agents in Venice FL you will be able to find something that really suits you and for a good price.

What is the average rent price in Venice, FL?

The average rent price in Venice is about $1,200 and the average apartment size is 894 square feet. The size may vary based on your preferences and what are you looking for in an apartment, therefore, the price may vary as well. Roughly in Venice, FL more than 80% of apartments rent between the price range of $1,000 to $1,500. Less than 10% of apartments rent below the price point of $1,000 and this is probably small studio apartments. Above $1,500 you have a handful of apartments that are large with two or three bedrooms and luxury apartments.