Cost of Living in Jupiter, FL
Housing
The housing market plays a significant role in determining the cost of living in Jupiter, FL.
- Housing Index: 120.5 / 100
- Median Home Price is: $417000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
Considering the data for Jupiter, FL, the housing index stands at 120.5, indicating it's slightly above the national average, reflecting an increasing demand for homes in the area. With a median home price of 417000, purchasing a home here might require significant financial commitment. Additionally, the average rent for a 2-bedroom apartment currently averages 2300, while renting a 2-bedroom house is noted at 2400. If you value space and stability, this trend suggests long-term investments may yield good returns, but it's essential to consider your budget and lifestyle needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Jupiter, 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.): $280 per month
Living in Jupiter, 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 $280 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 Jupiter is a financially viable option for your relocation.