Cost of Living in Venice, FL
Housing
The housing market plays a significant role in determining the cost of living in Venice, FL.
- Housing Index: 120.5 / 100
- Median Home Price is: $345,000
- Average Rent (2 BR Apartment): $2000 per month
- Average Rent (2 BR House): $2050 per month
Based on the data for Venice, FL, the housing index of 120.5 indicates a relatively high cost of living compared to the national average. With a median home price of 345000 and average rent for a 2-bedroom apartment at 2000 and for a house at 2050, affordability may be a concern. Potential residents should consider their budget, average local incomes, and future real estate trends in the area. Factoring in property taxes and insurance can further impact your decision on moving to this vibrant city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Venice, 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.): $250 per month
Living in Venice, 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 $250 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 Venice is a financially viable option for your relocation.