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How Much Does It Cost to Retire in Jacksonville, FL?

As one of the most popular retirement destinations in the country, Florida can be somewhat expensive to retire to in some locations. However, what about living in Jacksonville?

If you’re wondering how the cost of living in Jacksonville can compare to the cost of living in other Florida cities or other cities across the country, this guide can help you out.

Housing Costs in Jacksonville

For the most part, Jacksonville and the entire state of Florida falls below the national average for housing costs. However, the price that you can expect to pay will depend on if you’re looking to purchase a new home, rent an apartment, or live in a senior living facility.

According to Zillow, if you’re looking to purchase a home in the Jacksonville area, you could end up paying between $139,000 and $170,000.

For renters, you could be looking at a $900 a month for a one-bedroom in city center or about $780 a month for a one-bedroom outside of city center. If you’re looking for a two-bedroom, expect prices around $1,500 in the city while you could be paying $1,300 a month for a two-bedroom outside the city.

The average cost for a senior living facility in Jacksonville is about $2,500 per month. While this may seem much higher than a rent payment, this price also includes food, utilities, and more.

Health Care Costs in Jacksonville

Health care costs in Jacksonville are another payment that will vary drastically depending on what level of care you need. If you’re looking for a standard health insurance plan, the average monthly cost for the state of Florida is about $285. The price that you pay will depend on the level of premium you select.

If you are in need of in-home care, this price can jump drastically. For many individuals, paying for in-home health care can be thousands of dollars a month.

Transportation Costs in Jacksonville

Transportation options in Jacksonville include public transportation, buses, or owning your own vehicle. For a one-way ticket on local transport, you can expect to pay around $1.50 or you can purchase a monthly pass for about $50.

Gas per gallon in Jacksonville is about $2.07 and car insurance is on the cheaper side. The average total cost that someone will spend on car insurance per year is around $1,300. These numbers have the potential to vary based on your previous driving history and the amount of coverage you’re looking to receive.

Free Activities in Jacksonville

However, even when you’re trying to budget for retirement, there are a number of free activities and events available in Jacksonville. For beer lovers, tours of the Anheuser-Busch Brewery are free. Free tours are also offered at the Sally Corporation Factory. Other free options include the Cummer Museum of Art and Gardens, the Museum of Science and History, and the Jacksonville Zoo and Gardens. You can also explore Fort Caroline, Kingsley Plantation, and Amelia Island for free.

Learn more about Jacksonville Retirement Planning here:

What's the Cost of Living in Jacksonville, FL?

Jacksonville Financial Advisors

Jacksonville Elder Law Attorneys

Jacksonville Senior Realtors

Jacksonville Senior Movers and Downsizers

Jacksonville Neighborhood Guide

Live Like a Local in Jacksonville

Jacksonville Demographics and Lifestyle

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