Cost of Living in Bonifay, FL

Housing

The housing market plays a significant role in determining the cost of living in Bonifay, FL.

• Housing Index: 0.0 / 100
• Median Home Price is: $198000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

In analyzing the real estate landscape of Bonifay, FL, we see a notable median home price of 198000, which suggests it could be an attractive option for buyers seeking affordable ownership possibilities. However, the housing index of 0.0 and the reported rents for both 2-bedroom apartments 0.0 and houses 0.0 emerging as $0 could indicate a lack of market activity, potentially leading to limited rental choices. It's essential to investigate local economic conditions and amenities before making a relocating decision, ensuring you're well-informed about the true cost of living and housing availability.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bonifay, 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.): $0.0 per month

Living in Bonifay, 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 0.0 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 0.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $32750

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Bonifay, FL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.