Cost of Living in Davie: A Detailed Guide
Davie: A Detailed Guide" />
Introduction
Davie, a town in Broward County, Florida, is a popular destination for real estate investors, homeowners, and first-time home buyers. The town is known for its excellent schools, beautiful parks, and a wide range of recreational activities. However, before making a move to Davie, it is essential to understand the cost of living in the town. This article provides a detailed guide on the cost of living in Davie, including housing, transportation, food, and other expenses.
Davie Cost of Living
The cost of living in Davie is relatively high compared to the national average. According to Numbeo, a website that provides cost of living data, the cost of living index in Davie is 116.5, which is higher than the national average of 100. The cost of living index takes into account the cost of housing, transportation, food, and other expenses.
Housing
Housing is the most significant expense in Davie, accounting for 35% of the cost of living index. The median home price in Davie is $360,000, which is higher than the national median home price of $295,000. Renting a one-bedroom apartment in Davie costs an average of $1,500 per month, while a two-bedroom apartment costs an average of $1,900 per month.
Transportation
Transportation is the second-largest expense in Davie, accounting for 16% of the cost of living index. The average commute time in Davie is 28 minutes, and most residents drive to work. Gas prices in Davie are slightly higher than the national average, with an average price of $2.50 per gallon. Public transportation options in Davie include buses and trains, with a one-way fare costing $2.25.
Food
Food is another significant expense in Davie, accounting for 14% of the cost of living index. The cost of groceries in Davie is slightly higher than the national average, with a gallon of milk costing $3.50 and a loaf of bread costing $2.50. Eating out in Davie can be expensive, with a meal for two at a mid-range restaurant costing an average of $60.
Other Expenses
Other expenses in Davie include healthcare, utilities, and entertainment. Healthcare costs in Davie are slightly higher than the national average, with a doctor’s visit costing an average of $120. Utilities in Davie are also slightly higher than the national average, with an average monthly bill of $150. Entertainment options in Davie include parks, museums, and theaters, with a movie ticket costing an average of $12.
FAQs
1. Is Davie a good place to live?
Yes, Davie is a great place to live. The town has excellent schools, beautiful parks, and a wide range of recreational activities. However, the cost of living in Davie is relatively high compared to the national average.
2. How much does it cost to rent an apartment in Davie?
The average cost of renting a one-bedroom apartment in Davie is $1,500 per month, while a two-bedroom apartment costs an average of $1,900 per month.
3. What is the average commute time in Davie?
The average commute time in Davie is 28 minutes, and most residents drive to work.
Conclusion
In conclusion, the cost of living in Davie is relatively high compared to the national average. Housing, transportation, and food are the most significant expenses in the town. However, despite the high cost of living, Davie is a great place to live, with excellent schools, beautiful parks, and a wide range of recreational activities. If you are considering moving to Davie, it is essential to factor in the cost of living when making your decision.
