Cost of Living in Fernandina beach, FL
Housing
The housing market plays a significant role in determining the cost of living in Fernandina beach, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $450,000
- Average Rent (2 BR Apartment): $2232 per month
- Average Rent (2 BR House): $2426 per month
In Fernandina beach, FL, the housing index stands at 110.9, indicating a somewhat elevated market relative to the national average. With a median home price of 450000 and average rents of 2232 for a 2-bedroom apartment and 2426 for a house, affordability can be a concern for many residents. It's essential to weigh these factors against local salaries and overall lifestyle needs. Additionally, explore community amenities, local economies, and schools to make an informed decision before moving.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fernandina beach, 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 Fernandina beach, 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 Fernandina beach is a financially viable option for your relocation.