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: $372000
• 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 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: 105.2

Median Income

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

• Median Income: $58799

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 Port charlotte, 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.