Cost of Living in Coral springs, FL
Housing
The housing market plays a significant role in determining the cost of living in Coral springs, FL.
- Housing Index: 120.0 / 100
- Median Home Price is: $419,000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2240 per month
When considering a move to Coral springs, FL, it's essential to analyze the housing market indicators. With a housing index of 120.0, which is above the national average, the affordability may pose a concern for potential buyers. The median home price at 419000 indicates a significant investment, while average rents for a 2-bedroom apartment stand at 2200 and a house at 2240. If you're looking for housing options, be prepared for higher costs. Additional factors like local job opportunities and amenities may further influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Coral 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.): $275 per month
Living in Coral 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 $275 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 Coral springs is a financially viable option for your relocation.