Cost of Living in Coral Springs, FL: What to Expect

Coral Springs is a city in Florida. It is in Broward County. As of 2022, there were 137,054 residents in the city, and the cost of living was 24% higher than the national average.

The city was established on July 10th, 1963, and is renowned for its lovely parks and green areas. Coral Springs is a great place to live, work, and raise a family. The city has excellent schools, various housing options, and many things to do. If you are considering moving there, you should be aware of the cost of living in Coral Springs, FL.

Housing Costs in Coral Springs
The cost of housing is a persistently hot issue, and Coral Springs is a prime example of this. Coral Springs's median home price is $550,000.

Transportation Costs in Coral Springs
Coral Springs's transportation costs are 24.5 percent more expensive than in Orlando, Florida, and 34.6 percent more expensive than the national average. This metric takes into account costs for car insurance, upkeep, gas, and public transportation are taken into account by this metric.

The Cost of Food in Coral Springs
Coral Springs is a fantastic place to call home for food enthusiasts, and with the city's abundance of grocery stores, you can find yourself a  great option. However, there may be a considerable price to pay, as the cost of food in Coral Springs is 7.9 percent higher than the national average. The monthly grocery budget for a four-person household in the US ranges from $673.60 to $1339.80. In Coral Springs, a family of the same size can anticipate monthly food expenses of $1459.

Childcare costs in Coral Springs
In Coral Springs, the cost of childcare for two children, one of whom is four years old and the other eight years old, is $14,151 per year, which is nearly $2,000 more than the corresponding average cost of $12,134 for the entire state of Florida. Also, Coral Springs is home to about 46 childcare facilities, making finding affordable and suitable care for your children easier. Coral Springs's childcare costs vary depending on the rates charged by the city's childcare centers.

Tax Cost in Coral Springs
One of the highest tax rates in the state of Florida is found in Coral Springs. Coral Springs charges a 7 percent sales tax, as opposed to Florida's state sales tax of 6 percent.

School Cost in Coral Springs
Public and private schools in Coral Springs are highly regarded and offer high-quality instruction to students of all ages. However, Coral Springs may charge a little more for tuition. For one child, a private school might cost between $800.00 and $1,200.00 per month. However, the high costs are justified by the quality of Coral Springs's education. Y our child will benefit from these top-tier schools, which offer a wide variety of academic and extracurricular programs.

Utility Cost in Coral Springs
The average Coral Springs resident pays $207.76 monthly toward their utility bill. This covers services for water, sewer, trash, and electricity. Although this might seem excessive, it is inexpensive compared to Florida's national average for utility costs. For instance, Florida residents pay $459.40 each month for their utilities. Coral Springs' utilities are dependable and efficient in addition to being reasonably priced. Clean-burning natural gas is used to generate electricity for the city's grid. So, the people of Coral Springs know they're getting excellent value and service from their utility providers.

People here are very supportive of one another, and the city takes great pride in its heritage. Additionally, the locals are warm and friendly.

I'd be happy to assist you in your search for a suitable residence in Coral Springs. Please contact me as soon as possible so we can start!