Cost of Living in Port charlotte, FL
Housing
The housing market plays a significant role in determining the cost of living in Port charlotte, FL.
- Housing Index: 110.5 / 100
- Median Home Price is: $372,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1845 per month
Considering relocation to Port charlotte, FL offers unique challenges and opportunities. The housing index of 110.5 indicates a higher-than-average cost of living, suggesting competitiveness in the local market. With a median home price of 372000, homeownership may be priced out for some. However, average rent for a 2BR apartment stands at 1800, while a 2BR house averages 1845, emphasizing the need for reevaluation of budgets. Remember to factor in local amenities, job market trends, and lifestyle needs when making your decision. The environment and community can significantly influence satisfaction, in addition to housing costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Port charlotte, 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 Port charlotte, 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 Port charlotte is a financially viable option for your relocation.