NerdWallet's cost-of-living calculator shows you what it costs to live and the quality of life in Jacksonville, FL. We show you the highest costs: housing,. A cost-of-living index allows you to directly compare what it costs to live in one area with another, helping you understand how far your money can go in each place. Because the price of goods and services varies from city to city, calculating the cost of living will determine how affordable it is to live in a given area. However, Zillow still predicts that the Jacksonville housing market will be among the top 10 most popular American housing markets.
Whether you're using a cost-of-living index or a cost-of-living calculator, each one will help you feel more secure when deciding where to live. Despite its beautiful homes, endless amenities, and luxurious coastal environment, the cost of living in Jacksonville, Florida, is still more affordable than that of an average American city. The cost of living in Jacksonville, Florida, is affordable; the city has an COI of 94.2, 5.8% below national average. You also need to consider maintenance, upgrades, taxes and fees when deciding where to live.
One of the most important determinations to make before moving to a new city or town is how much it will cost you to live there. Overall, the Jacksonville housing market is affordable and it's the perfect time to start looking for homes for sale in Jacksonville. While Jacksonville's real estate index is 13% lower than the U.S. average.
In the US, food is 9.7% higher, health care has an index of 84.2 and public services is 97. Florida's cost-of-living index is 103, making the cost of living in Jacksonville, Florida, more affordable than that of your state. The following information provides information on what residents of Jacksonville (and surrounding areas) earn and what they spend their money on. While the average rent in Jacksonville, Florida isn't extremely expensive, buying is the best option.