Cost of Living in Mayo, FL
Housing
The housing market plays a significant role in determining the cost of living in Mayo, FL.
- Housing Index: Data is updating
- Median Home Price is: $150000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the real estate market in Mayo, FL, the lack of data points for housing index and rental rates suggests either limited market activity or insufficient listings. Nevertheless, the median home price of 150000 indicates a potentially affordable option for home buyers. However, it’s crucial to consider coworking spaces, local amenities, and schools to enrich your living experience. Additionally, trends indicate homes in areas with limited rental options may appreciate in value as demand rises—keeping an eye on future developments could also be beneficial.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mayo, 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.): Data is updating
Living in Mayo, 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 data unavailable 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 Mayo is a financially viable option for your relocation.