Cost of Living in Clearwater, FL
Housing
The housing market plays a significant role in determining the cost of living in Clearwater, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $320,000
- Average Rent (2 BR Apartment): $2043 per month
- Average Rent (2 BR House): $2220 per month
With a housing index of 110.9, which currently stands at 0.0, housing affordability in Clearwater, FL appears to be quite challenging. The median home price resting at 320000 indicates a significant investment is required to purchase a property. No current rental prices for 2BR apartments or houses are provided, suggesting a limited rental market or a possible economic downturn. It might be wise to further investigate local job prospects and amenities before making a decision. Observing trends in surrounding areas can also provide deeper insights into potential growth and shifts in the real estate market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clearwater, 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.): $243 per month
Living in Clearwater, 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 $243 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 Clearwater is a financially viable option for your relocation.