Cost of Living in Okeechobee, FL
Housing
The housing market plays a significant role in determining the cost of living in Okeechobee, FL.
- Housing Index: 85.0 / 100
- Median Home Price is: $206,800
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1440 per month
Considering a move to Okeechobee, FL? With a housing index of 85.0, it appears to be a moderately affordable area. The median home price is approximately 206800, while the average rent for a 2-bedroom apartment is about 1200 and a 2-bedroom house averages 1440. For those looking to buy, owning a home could be cost-effective compared to renting, especially given the area's overall housing trends. Make sure to evaluate local amenities and job opportunities to further inform your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Okeechobee, 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.): $180 per month
Living in Okeechobee, 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 $180 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 Okeechobee is a financially viable option for your relocation.