Cost of Living in Davie, FL
Housing
The housing market plays a significant role in determining the cost of living in Davie, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $320,000
- Average Rent (2 BR Apartment): $2539 per month
- Average Rent (2 BR House): $2759 per month
Considering relocating to Davie, FL? With a housing index of 110.9, it's essential to evaluate costs closely. The median home price sits at 320000, which might reflect a relatively higher market compared to national averages. Renting, either a 2BR apartment or house, averages at 2539 and 2759, respectively. While purchasing may require a larger upfront investment, renting can provide immediate flexibility. Overall, gauge your long-term plans, financial situation, and affordability of living in this potentially vibrant locale as you make your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Davie, 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 Davie, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet β 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 Davie is a financially viable option for your relocation.