Cost of Living in Tavares, FL
Housing
The housing market plays a significant role in determining the cost of living in Tavares, FL.
- Housing Index: 98.0 / 100
- Median Home Price is: $345,000
- Average Rent (2 BR Apartment): $1700 per month
- Average Rent (2 BR House): $1744.8 per month
Considering a move to Tavares, FL? With a population of , the community offers a mature demographic, showcased by a median age of . Approximately 43% of residents belong to married families, suggesting a stable social environment. The median income of implies a reasonable standard of living, though with a poverty level around %, you may want to evaluate local economic opportunities. The unemployment rate stands at %, indicating a relatively healthy job market. Overall, Tavares presents opportunities balanced against various socioeconomic factors.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tavares, 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.): $230 per month
Living in Tavares, 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 $230 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 Tavares is a financially viable option for your relocation.