Cost of Living in Northeast Florida: St. Johns, Flagler, and Duval Counties Compared
Are you tired of cold and snowy winters? Are you dreaming of moving to sunny Northeast Florida but unsure what it’ll cost? Keep reading as we break down the cost of living in St. Johns, Flagler, and Duval Counties to help you determine the best financial fit for your lifestyle (or, watch our full run-down on YouTube, here!). From housing and taxes to insurance and job opportunities, we’ve got you covered.
Housing Market in Northeast Florida
The housing market in Northeast Florida has seen significant changes over the past five years, with home prices increasing across all three counties.
- St. Johns County: Known for its top-rated schools, stunning dog-friendly beaches, and historical background (ahem, St. Augustine is the Oldest City in America for a reason…), this area boasts a median home price of $525,000 (as of Nov. 2024), up nearly 53% since 2018. While it’s pricier, you’re paying for premium amenities, historic charm, and coastal living.
- Flagler County: A quieter, more affordable option with a median home price of $356,000 (as of Nov. 2024), up 58% since 2018. It’s home to Palm Coast where you’ll find larger lots and concrete-block homes, making it an excellent choice for budget-conscious buyers. A bonus for those trying to get away from the city life: there are no highrise buildings in sight AND they’ve got the most underrated beaches in the state! But, let’s keep that between us…
- Duval County: Home to Jacksonville, this is the most budget-friendly county, with a median home price of $325,000 (as of Nov. 2024), up 54% since 2018. Its urban lifestyle and affordable options make it ideal for first-time homebuyers.
Property Taxes and Insurance
Property taxes and insurance are significant factors to consider:
- Property Taxes: Rates vary by location. For example, St. Johns County averages 1.2% in the unincorporated areas, while cities like Bunnell in Flagler County have rates as high as 2.2%. Homestead exemptions can help lower costs for Florida residents (aka those who live in Florida 6 months + 1 day a year).
- Insurance: Coastal homes and older properties tend to have higher premiums. Newer homes, however, often come with lower annual insurance rates, some even as low $2,000 a year. Click here for more information on Florida property insurance, including how to lower your premiums.
Utility Costs
Utility bills in Northeast Florida are slightly lower than the national average, with costs ranging from $225 to $229 per month across all three counties.
Job Opportunities
- Duval County (Jacksonville): A major business hub with opportunities in tech, banking, healthcare, and logistics. Companies like Mayo Clinic and Amazon offer a diverse range of jobs.
- St. Johns County: Ideal for remote workers, teachers, healthcare professionals, and those in construction or tourism. The area’s booming population fuels job growth, though salaries may not always match the cost of living.
- Flagler County: Offers a quieter lifestyle with jobs in hospitality, retail, and construction.
Overall Cost of Living
Northeast Florida remains an affordable place to live compared to the national average (according to Payscale.com):
- Duval County (Jacksonville): 7% lower than the national average
- St. Johns County (St. Augustine): 5.4% lower than the national average
- Flagler County (Palm Coast): Slightly lower than the national average
Conclusion
Whether you’re drawn to the historic charm of St. Johns County, the affordability of Flagler County, or the urban lifestyle of Duval County, Northeast Florida has something for everyone. Consider your priorities—be it schools, commute, or proximity to the beach—and find the county that fits your lifestyle and budget.
Thinking of relocating? Let me help you find the perfect home. Reach out today to start your journey to Northeast Florida living!