Quality of Life in Jacksonville, FL with a $198,000 Annual Income

Cost of Living in Jacksonville, FL

• Overall Cost of Living:

  • Jacksonville's cost of living is around 5% lower than the national average.
  • This makes it more affordable than many major metropolitan areas.

• Grocery and Utility Expenses:

  • Grocery costs are slightly below average.
  • Utility costs are fairly consistent with the national average.

Housing Market

• Home Prices:

  • The median home price in Jacksonville is approximately $320,000, which is below the national median.
  • This provides a favorable market for purchasing property compared to many larger U.S. cities.

• Renting vs. Buying:

  • Renting is also affordable, with average rents significantly lower than New York City or San Francisco.
  • A $198,000 annual income offers financial flexibility whether choosing to buy or rent.

Quality of Life

• Income and Affordability:

  • Earning $198,000 provides well above the city's median household income, significantly enhancing purchasing power.
  • Disposable income allows for comfortable living, travel, and leisure activities.

• Recreational and Cultural Opportunities:

  • Access to beaches, parks, and ongoing cultural events.
  • A reasonable distance to theme parks in Orlando and vibrant urban life in Miami.

Access to Healthcare

• Healthcare Facilities:
  • Several top-ranked hospitals and specialists are available in the area.
  • Healthcare expenses are slightly below the national average.

Quality of K-12 Schools

• Public Education:

  • A mix of high-performing and average public schools.
  • Several charter and magnet schools provide enhanced educational opportunities.

• Private School Options:

  • A variety of reputable private schools are available, offering diverse educational programs.

Summary

Living in Jacksonville, FL on an annual income of $198,000 provides a high quality of life. With a lower cost of living and affordable housing market, residents can enjoy a comfortable lifestyle. Access to good healthcare services, diverse educational options, and an engaging mix of recreational activities contributes positively to overall well-being. This income level allows for financial ease and enriches the living experience in Jacksonville relative to broader U.S. statistics.