Cost of Living in Pompano beach, FL

Housing

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

• Housing Index: 0.0 / 100
• Median Home Price is: $419000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

In analyzing the real estate factors in Pompano beach, FL, it’s essential to note that the housing index currently shows 0.0, indicating significant market challenges. The median home price stands at 419000, which may imply a competitive landscape for potential homeowners. However, both the average rent for a 2-bedroom apartment at 0.0 and for a 2-bedroom house at 0.0 reflect stagnation, highlighting obstacles in rental affordability. For those considering relocation, it’s vital to factor in these aspects alongside local employment opportunities and overall cost of living for a well-rounded decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pompano beach, 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.): $0.0 per month

Living in Pompano beach, 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 0.0 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: 0.0

Median Income

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

• Median Income: $61155

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 Pompano beach, 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.