Cost of Living in Vernon, FL
Housing
The housing market plays a significant role in determining the cost of living in Vernon, FL.
- Housing Index: Data is updating
- Median Home Price is: $225,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Vernon, FL, it appears that while the median home price is relatively reasonable at 225000, the housing index indicates a potential lack of available or demand for housing. With both average rents for 2-bedroom apartments and houses listed as zero, this suggests an unstable rental market, which may point to broader economic issues. Overall, while purchasing a home could be beneficial in terms of investment, prospective renters might need to take caution and explore further insights into local amenities and job markets before making any decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vernon, 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 Vernon, 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 Vernon is a financially viable option for your relocation.