Cost of living in Milton
Milton, located in the state of Florida, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Milton is crucial for both current residents and those considering a move to this picturesque city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, 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 $7 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $85 to $213.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $7.09, imported beer $6 to $9, cappuccino $2.5 to $7, and Coke/Pepsi $2 to $5.5.
Grocery Prices
- Milk - Milk is priced between $0.92 and $1.98 per liter, averaging $1.27.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.19 and $5.5, with an average price of $3.79.
- Eggs (Dozen) - A dozen eggs range from $2 to $5.09, averaging $3.45.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.62 to $6.61 per kg, while oranges range from $2.05 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $10.12 per kg, and lettuce costs $1.5 to $4 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $0.92 per liter.
- Taxi Fares - Taxi fares start at $3.75, with a cost of $1.49 per km and $35 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1200 to $1600, averaging $1400.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1100 to $1400, averaging $1250.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is fixed at $2500.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1800 to $2000, averaging $1900.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $106.25 and $400, averaging $209.08.
- Internet - Internet services range from $50 to $110, with an average cost of $70.24.
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"
Milton, FL, offers a relatively affordable cost of living compared to larger cities, with moderate housing and dining expenses.
Transportation costs are reasonable, especially for those who drive, given the lower gasoline prices.
Grocery prices vary, with some items like milk and bread being quite affordable, while others, such as certain fruits and vegetables, can be more expensive.
Conclusion
In conclusion, Milton, FL, presents a balanced cost of living that can accommodate a variety of lifestyles. While some expenses, such as dining out at mid-range restaurants, can be on the higher side, overall, the city offers affordable housing and transportation options.
Prospective residents should consider their personal needs and budget to determine how Milton's cost of living aligns with their financial goals.