Cost of Living in Bradenton, FL

Housing

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

• Housing Index: 110.0 / 100
• Median Home Price is: $348000
• Average Rent (2 BR Apartment): $1900 per month
• Average Rent (2 BR House): $2000 per month

When considering a move to Bradenton, FL, the housing index of 110.0 indicates that living costs are somewhat above the national average. With a median home price of 348000, acquiring property here may require a substantial investment. Rental prices also reflect this trend, with average rents reaching 1900 for a 2-bedroom apartment and 2000 for a 2-bedroom house. It's imperative to explore amenities, job opportunities, and local market trends as these can significantly impact your living experience and financial future in Bradenton.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bradenton, 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 Bradenton, 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 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: 102.5

Median Income

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

• Median Income: $55795

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 Bradenton, 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.