What Is The Average Electric Bill For Niceville Fl?

  • Niceville’s average (residential) power rate is 100% lower than Florida’s average rate of 11.42/kWh.
  • Niceville’s average (residential) power rate is 100% lower than the national average rate of 11.88/kWh. Residential tariffs in the United States range from $8.37 to $37.34 per kWh.

What is the typical monthly power bill in Florida?

The cost of energy in Florida is quite expensive. According to the US Energy Information Administration, residents pay an average monthly electricity price of $126.44. (EIA). The national average is $111.67, thus this is a 13 percent increase.

According to EIA data, Florida people utilize the sixth most kWh per month in the country, at 1,089. This is most likely owing to the hot, humid climate, which forces many households to use air conditioning for the majority of the year.

Is living in Niceville, Florida, expensive?

24/7 Wall St. calculated the cost of living in Niceville and over 29,000 other cities and towns in the United States using data from the nonpartisan research tank Economic Policy Institute.

Housing Costs in Niceville, Florida

One of the most significant components of cost of living is housing. Niceville’s median house value is $216,800, which is more than the national median of $204,900.

Renting can be a less expensive option than buying a home. Niceville has a renter percentage of 26.80%, which is lower than the national renter rate of 36.2 percent. The average renter in Niceville pays $1,057 per month, which is less than the national median of $1,023 per month.

One of the most important drivers of housing affordability, aside from house value, is local income. Housing affordability ratios range from roughly 1.0 in the least costly cities to more than 10.0 in the country’s most expensive markets, despite the fact that the average price of a home in the United States is 3.4 times the $60,293 median household income. The median household income in Niceville is $72,857, which is 3.0 times the median home value.

Transportation Costs in Niceville, Florida

Transportation costs can be a considerable part of the overall cost of living. 94.40 percent of commuters in Niceville drive to work, compared to 85.5 percent overall. Approximately 71.80% of workers commute to jobs outside of Niceville, which is higher than the national average of 43.7 percent of commuters who live and work in other places. Niceville’s average travel time is 21.8 minutes, compared to a national average of 26.6 minutes. The EPI estimates that a single individual in Niceville spends $9,773 on transportation per year, which is similar to the national average of $9,760.

How much does electricity cost in Florida?

Looking at the power rate is the simplest approach to compare the cost of electricity from one place to another. Residential rates in the United States range from 6 cents per kilowatt-hour to 40 cents per kilowatt-hour, depending on where you reside, what sorts of power plants supply your electricity, and when you use electricity during the day or year.

Florida’s average home power rate is 13 cents per kWh, which is 16 cents less than the national average of 15 cents per kWh.

In Florida, how can I save money on my power bill?

5 Ways to Save Money on Electricity in Florida

  • Adjust the temperature in your home. Keeping your thermostat around 78 degrees is a good rule of thumb for any homeowner.

What is the average power bill in Florida for a one-bedroom apartment?

Electricity bills on average by state: The average electric bill for a one-bedroom apartment in __Florida__ is $131.

Is it a smart idea to reside in Niceville, Florida?

Niceville, the ninth most liveable city in Florida by AreaVibes, “is simply a really wonderful place to be,” according to the website. State average – plenty of family activities, a remarkable school system with eight percent better graduation rates than the national average, and excellent amenities.

Is Niceville, Florida, a safe place to visit?

NICEVILLE, NICEVILLE, NICEVILLE, NICEV According to a recent study, the city may be living up to its name.

SafeWise has named Niceville the safest city in Florida for 2022. Based on the level of violent and property crime per capita, the study ranked the 50 safest cities in Florida using the most recent FBI crime data.

Niceville has frequently ranked among the top 20 safest cities in the United States. It was ranked 14th last year. A modest decrease in violent crime, which includes aggravated assault, murder, rape, and robbery, helped Niceville to the top of the list this year.

Why is electricity in Florida so cheap?

“When it comes to energy, South Florida is considerably more reasonably priced,” the economist added, citing the region’s biggest supplier, Florida Power & Electric, recently switched to cleaner, cheaper natural gas to fuel its plants.

Why is electricity in Florida so expensive?

Florida residents pay $459.40 per month on average for utilities such as power, water, cable television, internet, trash/recycling, and natural gas.

Hawaii is the state with the most expensive utilities. The average Hawaiian utility bill is $587.79 per month.

According to the survey, one of the reasons Floridians pay so much is that their air conditioners are on for the majority of the year to combat the heat and humidity.

Setting your thermostat to 78 degrees before leaving the house, according to Florida Power and Light, is a fantastic method to save money on your electric bill.

When you leave the room, remember to switch off the ceiling fan. Before each load, clean the lint filter in your dryer.

FPL claims that its bills will be lower in 2020 as a result of investments in solar and modern plants. The average monthly bill for a residential client will drop by $4.