Cost of Living in Ocoee, FL
Housing
The housing market plays a significant role in determining the cost of living in Ocoee, FL.
- Housing Index: 115.0 / 100
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
Considering a move to Ocoee, FL? With a housing index of 115.0, it indicates that housing costs are above the national average. The median home price stands at 350000, which could be a viable investment in the long run. Additionally, the average rent for a 2-bedroom apartment is set at 1800, while a 2-bedroom house averages 1840. It's essential to weigh your priorities between renting or buying. Market trends show that areas with similar housing costs often see appreciation over time, making them attractive for potential homeowners.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ocoee, 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 Ocoee, 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 Ocoee is a financially viable option for your relocation.