Cost of Living in Lutz, FL
Housing
The housing market plays a significant role in determining the cost of living in Lutz, FL.
- Housing Index: 112.5 / 100
- Median Home Price is: $440,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1846 per month
Considering a move to Lutz, FL? With a housing index of 112.5 indicating higher-than-average costs, it’s essential to weigh your options. The median home price of 440000 places the market on the pricier side, while rental values are also substantial, averaging 1800 for a two-bedroom apartment and 1846 for a house. Before making a decision, consider the local amenities and the job market, which can influence your quality of life in the long run. Assess all factors thoroughly to ensure it aligns with 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 Lutz, 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 Lutz, 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 Lutz is a financially viable option for your relocation.