Cost of Living in Edgewater, FL
Housing
The housing market plays a significant role in determining the cost of living in Edgewater, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $329,000
- Average Rent (2 BR Apartment): $2141 per month
- Average Rent (2 BR House): $2327 per month
When considering a move to Edgewater, FL, it's crucial to evaluate the housing landscape. The housing index of 110.9 suggests a competitive market, while the median home price of 329000 indicates affordability relative to national averages. Renting options appear reasonable, with an average cost of 2141 for a 2-bedroom apartment and 2327 for a 2-bedroom house. Although prices can vary widely by neighborhood, exploring various areas can help you find the perfect fit. Also, consider community amenities and lifestyle aspects that contribute to overall value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Edgewater, 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 Edgewater, 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 Edgewater is a financially viable option for your relocation.