What is the Real Cost of Living in Jupiter?

What is the Real Cost of Living in Jupiter?

Jupiter is a charming coastal town located in Palm Beach County. There are countless reasons why people love living in Jupiter, from its beautiful white sand beaches and outdoor activities to its top-notch schools and friendly neighborhoods. 

At places like Jupiter Beach Park and Carlin Park, you can have fun in the sun with activities such as swimming, sunbathing, and surfing, and you’ll find picnic areas, playgrounds, and volleyball courts. You’ll also find a rich cultural scene, as Jupiter is home to art galleries, museums, and theaters like the Maltz Jupiter Theater. 

It's no wonder why so many people are drawn to this coastal gem of a town, but what is the cost of living in Jupiter? Here, we’ll take a deep dive into what it really costs to live in Jupiter.

Home cost

It’s no secret that real estate in Jupiter can come with a hefty price tag, and housing is the highest contributor to the cost of living in Jupiter. The average home purchase price in this area varies depending on the specific neighborhood, home size, and other factors. Sales in Jupiter far outpace the national average; various estimates place the median home price between $685,000 and $895,000 as of March 2023.

Jupiter real estate widely varies, and the actual purchase price of a home in Jupiter can range from around $200,000 for a small condo or townhouse to well over $1 million for a larger luxury home. The cost of homes in Jupiter is generally higher than the national average, as it is a highly desirable place to live. If you are considering purchasing a home in Jupiter, it's essential to do your research and work with a reputable real estate agent.

You can get further insight into the housing market by working with a well-informed agent like Jeremy Kershbaumer. As of May 2023, Jeremy shows over 400 listed properties in Jupiter. Over 100 are condos, and with few exceptions, these range in price up to $5 million or so. The market for residential properties is more robust, with over 200 listings, a handful of which are listed at $10 million and above. Of the homes listed at $10 million or less, 36 have at least 4,000 square feet. In the market for luxury homes in Jupiter, you genuinely get what you pay for. 

Utilities cost

The cost of utilities in Jupiter fluctuates depending on the size of your home, the time of year, and your energy consumption. Most homes in Jupiter use propane or natural gas for heat and cooking, and propane runs about $4.65 per gallon in Jupiter. You can expect to pay approximately $50 to $100 monthly for internet and cable.

Food cost

In general, the cost of food in Jupiter is comparable to other cities in the U.S. You can expect to pay around $15 to $30 per person for each dish whenever you dine out at an average establishment in Jupiter. If you opt for a fine dining experience, prices climb higher and into the $50 to $100 range, or more, per person.

You're in luck if you’re more inclined to cook at home. The cost of groceries in Jupiter is comparable to most cities in the U.S. Overall, the way food contributes to the cost of living in Jupiter aligns with the national average and is reasonable whether you tend toward dining out or cooking at home.

Transit cost

Jupiter is home to the Palm Tran bus system, which offers affordable transport throughout Palm Beach County. A one-way fare on Palm Tran costs $2.00, an all-day pass costs $5.00, and a pass for one month of unlimited rides costs $70. Another form of public transportation available in Jupiter is the Tri-Rail commuter rail system, which also connects to nearby cities like Miami and Fort Lauderdale. The cost of a Tri-Rail ride depends on the distance traveled, and fares range from $2.50 to $11.00 for each trip. If you prefer to drive, a gallon of gas fluctuates between $3.50 to $4.10 as of early 2023. 

Average salary

The average salary in Jupiter, Fla., varies according to industry and profession. According to data from the United States Bureau of Labor Statistics (BLS), as of 2021, the median household income in Jupiter was $94,121. Some of the highest-paying jobs in the area include management, healthcare, and jobs in the tech industry. 

Ready to find your next home?

If you want to settle down in the sunshine state, Jupiter is an excellent choice. With its pristine beaches, fine dining, and excellent schools, Jupiter is a town that truly has it all. There's no better way to start your home search than by contacting a local realtor familiar with the area, like Jeremy Kershbaumer.

As an experienced real estate agent in the Jupiter area, Jeremy and his dedicated team can guide you through finding your dream home. Whether you're looking for a cozy beachside home or a luxurious waterfront estate, Jeremy has the expertise and resources to help you make it happen. Contact Jeremy today and find out what the Jupiter housing market has in store for you.
Recommended Reading: 4 Best Neighborhoods to Live in Jupiter

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We offer the highest level of expertise, service, and integrity. Jeremy Kershbaumer is the leading real estate agent in Moorestown and has helped hundreds of buyers find luxury homes and mansions in New Jersey. Contact us today to start your home searching journey.

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