Quality of Life in Jacksonville, FL on a $143,700 Salary

Cost of Living

• Overview: Jacksonville, FL, has a lower cost of living compared to other major U.S. cities.
• Expenses: The overall cost of living index in Jacksonville is approximately 95.7, which is below the national average of 100.
• Utilities and Groceries: These are competitively priced, providing more disposable income for residents.

Housing Market

• Affordability: The median home price in Jacksonville is around $290,000, which is considerably lower than the national median of $400,000 as of late 2023.
• Property Taxes: With a property tax rate of approximately 0.86%, residents benefit from lower property tax expenses compared to the national average.

Quality of Life

• Income Comfort: With an annual salary of $143,700, individuals can enjoy a high standard of living, with a comfortable balance between savings, housing, and discretionary spending.
• Environmental Appeal: Jacksonville offers a mix of urban amenities and natural attractions, such as beaches and parks.

Access to Healthcare

• Availability: The city has a robust healthcare network, featuring reputable facilities like Baptist Medical Center and Mayo Clinic Jacksonville.
• Insurance and Costs: Healthcare expenses are on par with the national average, ensuring accessible services for most income brackets.

Quality of K-12 Schools

• Public Schools: The Duval County Public Schools system offers a range of educational opportunities, with some schools receiving notable grades for academic performance.
• Private and Charter Options: There are several high-quality private and charter schools available for parents seeking alternative educational institutions.

Summary

Individuals earning $143,700 annually in Jacksonville, FL, experience a favorable quality of life characterized by lower living costs and competitive housing prices. The city provides comprehensive healthcare access and diverse educational opportunities, making it an appealing location for families and professionals.