Cost of Living in North port, FL

Housing

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

• Housing Index: 95.0 / 100
• Median Home Price is: $341000
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1900 per month

In North port, FL, the strong housing index of 95.0 signals a stable market, making it an appealing choice for potential homeowners. With a median home price of 341000, purchasing a property here might be a sound investment. Conversely, individuals seeking flexibility might consider the rental options, with 2-bedroom apartments at an average rent of 1800 and 2-bedroom houses at 1900. This equilibrium offers opportunities whether you’re looking to buy or rent. Remember, local amenities and future community developments 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 North port, 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.): $200 per month

Living in North port, 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 200 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: 104.5

Median Income

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

• Median Income: $78815

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 North port, 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.