Cost of Living in Silver springs, FL
Housing
The housing market plays a significant role in determining the cost of living in Silver springs, FL.
- Housing Index: Data is updating
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Silver springs, FL, the median home price of 205000 indicates a potentially accessible entry point for buyers, though the lack of rental data, with an extreme housing index of 0.0, suggests limited information on affordability and availability. This stark vacancy may imply either an undersupply of rental properties or an uncommon housing market landscape. Be sure to assess local job opportunities and amenities to fully understand the long-term prospects of investing in this area. Overall, Silver springs may offer promising affordability for home ownership but requires cautious consideration for renters.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Silver springs, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Silver springs, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Silver springs is a financially viable option for your relocation.