Cost of living in Beverly Hills
Beverly Hills, FL, is a charming city known for its serene environment and community feel. Understanding the cost of living here is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10 on average, with a range between $10 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $35, with prices ranging from $35 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $10 and $12.5.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $8, imported beer $6 to $10, cappuccino $2.99 to $7, and Coke/Pepsi $2 to $3.8.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.53 per liter, averaging $0.85.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.7 and $6.06, with an average price of $3.03.
- Eggs (Dozen) - A dozen eggs range from $2.3 to $7, averaging $3.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.67 to $9.92 per kg, while oranges range from $2 to $12.13 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.76 and $8.82 per kg, and lettuce costs $1.75 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.79 and $1 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $1.49 per km and $30 to $35 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $30,000 and $36,050, while a Toyota Corolla ranges from $22,000 to $30,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1300.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1200.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2200.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $400, averaging $249.68.
- Internet - Internet services range from $50 to $120, with an average cost of $60.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Beverly Hills, FL, offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs are relatively stable, with average rents for both city centre and outside areas.
Transportation costs are manageable, especially for those who own a vehicle, given the competitive gasoline prices.
Conclusion
In conclusion, Beverly Hills, FL, presents a balanced cost of living, making it an attractive option for individuals and families seeking a comfortable lifestyle.
With affordable housing, dining, and transportation, it is well-suited for those looking to enjoy a serene environment without breaking the bank.