I offer 1 on 1 calls, book one if you'd like! michaelbordenaro.com/services/
@IncaReina3 жыл бұрын
It’s expensive to live in Florida now. Salaries are low too.
@jbar_852 жыл бұрын
I agree about the salaries for sure.
@yoalaskan3275 Жыл бұрын
what is your job?
@IncaReina Жыл бұрын
@@yoalaskan3275 I’m retired. Live in CT
@Jeannified3 жыл бұрын
Man, housing prices have gone so high in Florida, compared to past prices. Forwarding this video to my friend, who is looking to move to Florida…particularly the Sarasota area. Thanks for another great video, Michael!
@MichaelBordenaro3 жыл бұрын
Yes it has! It is still affordable but when you look at the prices were they were just over a year ago it’s unbelievable how much it’s gone up. Thank you for sharing it Jeannie!
@nick82433 жыл бұрын
Utilities are very affordable in Jacksonville. It's entirely community owned (JEA) and nonprofit. Everyone in Jax gets a single monthly bill from JEA for electric, water and sewer charges combined. I pay about $220 a month on average for my house, which also has a pool pump on 8 hours a day. I let he AC run as much as I want. The breakdown of charges are about $160 for electric, $40 for sewer and $20 for water. Water is so cheap here. Although I live alone in an 1800 sq ft house. But I still think $220 for everything is pretty damn good.
@andrenguyen51943 жыл бұрын
Plus the fact that it rains like a mad man in Florida, that seems to make sense why the water bill isn’t too bad. I mean, it doesn’t rain enough here in Las Vegas, NV. Right now it is 115-117 here in Vegas and I miss that Florida rain 🌧 lol!
@MichaelBordenaro3 жыл бұрын
Agreed, that is pretty damn good! Thanks for letting us know
@enjoythesilence1693 жыл бұрын
@Nicholas Papa - good to know. I've been looking at moving to Jacksonville. Know any places that are reasonable that you don't mind sharing?
@midlife_minimalist3 жыл бұрын
Not the case in all of NE FL re water. St Johns County utilities is very high for water compared to you. $50 is probably my lowest bill but if I have to turn the sprinkler system on, it will jump to 120-150 for the month. They don’t do separate meters for sprinkler like I know JEA will do. My electric is less for 2700 sq ft. Also live alone - yes in a stupid big house.
@rfbead3213 жыл бұрын
Dude, you keep hitting it out of the park with your videos. I live in Taxifornia, but I'm thinking about an investment, eventual retirement, home in Florida.
@MichaelBordenaro3 жыл бұрын
Thank you very much I’m trying my best! I think Florida is still a great place to retire and will probably feel inexpensive for you coming from California👌
@alejandrarivera10873 жыл бұрын
I live I “Taxifornia” too 😂😂😂… planning on moving to Florida once we retired !
@fofofofo30762 жыл бұрын
@@alejandrarivera1087 🤣🤣
@Jeannified3 жыл бұрын
Our gas prices are so high out here in California…almost $5.00 a gallon!
@MichaelBordenaro3 жыл бұрын
I know I can’t believe how high it is! That’s one thing I’m not looking forward to paying when I come to California
@marias92213 жыл бұрын
It’s ridiculous how high the gas went up in California! Mostly taxes! ☹️
@pingpongballz59983 жыл бұрын
Stop voting blue.
@bobsykes3 жыл бұрын
Probably 1/3 of people here drive an all-electric or hybrid car out here now. Our high gas tax, weird formulation that state requires for smog control mean the price of gas never goes down. Combined with generous state and federal incentives, electric cars look good from a cost standpoint.
@dx50183 жыл бұрын
@@tobia5267 that's not true
@Jeannified3 жыл бұрын
Your grocery receipt looks like mine…healthy snd organic, but with good sweets thrown in! Chocolate and caramel (those chewy Scandinavian cookies) are my weakness!
@MichaelBordenaro3 жыл бұрын
Ha ha yeah nothing wrong with that LOL! We all need to live a little😀
@jillianrhea71123 жыл бұрын
Love your videos. I started watching your videos last summer and moved to St Petersburg last August. I love it here!!♥️♥️
@MichaelBordenaro3 жыл бұрын
Thank you Jillian, great choice on St. Pete !
@dbrew2u3 жыл бұрын
Florida has yet to reach California levels for being expensive . But it's clearly headed in that direction . Especially on the Coasts . We're longtime retired Florida residents looking at a few cheaper States to move to such as Utah or Tennessee . But the Housing Market is totally out of control everywhere right now .
@MichaelBordenaro3 жыл бұрын
Yes right now is probably one of the worst times in history to try and make a move with inventory shortages everywhere.
@jimwolfe42863 жыл бұрын
A " GRAND SLAM" , Michael !...Great video with Real Time Intel......Thank you very much......
@MichaelBordenaro3 жыл бұрын
Thank you very much Jim! I love doing my best to give the real deal intel 👌
@liorbrosh71273 жыл бұрын
Brilliant- you are truly the best ! Thank you Michael 👍🏻
@deep63013 жыл бұрын
Great video. My expenses in Volusia County are less than $2400 because I am really conscious of my spending. However fixed expenses like Homeowner's insurance in 2021 has increased significantly due to frivolous lawsuits. The age of a roof also effects insurance costs. (2020 $800 / 2021 $1200)One cost you might have mentioned is HOA fees and/or mobile home park pad rentals. This can cost about $400+ per month. Home repairs have become more costly. Condo vs single family home costs are different. For example lawn care and pest control are expenses condo fees generally cover. My car insurance is about $30 per month. Utilities are about $130 including water, garbage collection and electric. Thanks again. I really enjoy your videos.
@bobsykes3 жыл бұрын
This is really good and honest in how you include much more, including what is expensive insurance due to the flood, hurricane, etc. potential damages. I think the housing cost total for a $300,000 home is a fleeting thing, as mortgage rates will very likely rise quickly given the inflation happening right now and the flood of printed money.
@pamcornelius91223 жыл бұрын
Anyone with a lick of common sense knows what you’re saying is true and that we’re going to have to pay the piper.
@MichaelBordenaro3 жыл бұрын
Thank you Bob! I like to include as much real world info as I can to make the vids authentic that way. The 300k house could be gone in the next couple years but for now we still have it, luckily
@joneljones41813 жыл бұрын
It’s so much money honestly. All rent has gone up by 300 to 400 dollars in palm beach. We tried to move to north to mid florida to was too much so we are just waiting. 🙏🏻🙏🏻
@MichaelBordenaro3 жыл бұрын
Yes the cost of housing has definitely risen the most more than anything else
@crazyboi85033 жыл бұрын
I live in the Aventura/north Miami Beach area. 1 bed 1.5 bathrooms 1000sq feet and my electric bill is around 55 dollars per month
@MichaelBordenaro3 жыл бұрын
Thanks for letting everyone know. That’s a pretty low electric bill
@TheRalphie20203 жыл бұрын
Thanks for the updated Cost of living video! You can see things have gone up a bit!
@MichaelBordenaro3 жыл бұрын
You're welcome Ralphie! Yes they have gone up a bit, but still reasonable to live in paradise 😀
@TheRalphie20203 жыл бұрын
@@MichaelBordenaro Totally agree especially since we’re from up North, lol.
@tyler60033 жыл бұрын
I am from the Midwest (Minnesota) and am moving down to Miami, I have a new job and am looking for an apt and planning my finances, thanks for this video. I appreciate the perspective of someone also from the Midwest moving down to Florida.
@lextacy20083 жыл бұрын
Former Southnebraskiowan here. Having the job first helps. So you already won round 1 of 2. Get 7500$ in savings to boot. You will be down to about 3000-4500$ after you use a shipping container. You will be out your stuff for about 1 to 2 weeks so prepare. Never ever get a place above the first floor. You will never be able to get your stuff out of the container. People will notice your midwest accent. You will think the first winter here is weird. The sun sets 1 hour early. You will be pissed off. The sun arcs overhead higher in the sky. The beaches have seasons.......surfing, jellyfish, seaweed, sharks, and deadly surfing. This starts in November. The clouds are damn weird here. You wont see the same stuff back home. You know those crickets? You will hear a different species of them and not the midwest ones. This will make you mad. Cicads? Good luck, because FL has different sounding ones. Big green leaves on trees? Yea right. Those are gone. Also the leaves CAN fall off in the winter, and its just brown colors before they fall off. It can make the landscape look scary. You will not miss snow.
@tyler60033 жыл бұрын
@@lextacy2008 say more about living on a higher floor and using a container to move whats the challenge there? Yea people already have, my English AND my Spanish (I'm Mexican American) makes me stick out from when I went to Miami for my job interview.
@MichaelBordenaro3 жыл бұрын
Good for you Tyler! Glad my video could help you planning out your move 👌
@mrmotorcarsrs20343 жыл бұрын
Another great and timely video my Friend. I was reading the comments. How can anyone complain about your content if they are at all seriously interested in Florida or just want to see something created with good taste. Please continue I appreciate you and I think most others do as well. So please continue by doing like it like Frank Sinatra, your way! I find it interesting that West Palm Beach has such expensive water compared to areas around it. Naturally, West Palm is one of my favored places to move to so far in my research. Thanks to you I started watching that Boat Zone channel after you ran into the You Tuber on your walk, Now I'm interested in a small boat too. LOL Life is nothing without goals to be met I guess. Stay well and have fun with our videos. Wishing you the best.
@MichaelBordenaro3 жыл бұрын
Thanks a lot MrMotorcars! I just pay not attention to those people. I will keep doing it my way 😄Yeah I'm not sure why the water there is so expensive, but I believe there is some sort of scam going on there as half the bill are "fees". Thats so cool you got into boats from that channel. I would like to have a small boat one of these days as well. Thank you for always watching, I enjoy chatting with you here in the comments😀
@mrmotorcarsrs20343 жыл бұрын
@@stephanienewton6618 Thanks for the insight on the crime there in West Palm Beach. What types of crime are you or your friends concerned about in West Palm Beach? Is it your opinion that this crime is something new? Do you think this crime is increasing? Is it your opinion that the authorities are not doing enough to combat this crime? Unfortunately these days some crime seems to be everywhere. The last thing we want to worry about as we grow older is crime, particularly violent crime, personal robberies, and property crime on the street.
@mrmotorcarsrs20343 жыл бұрын
@@stephanienewton6618 I want to thank you for taking the time to describe your experience. I have heard of people moving further north from south Florida. This insight is helpful information. I'm sure there are people with different experiences. All we can do is do our home work the best we can and hope we make the right choices. You are right, most urban areas are experiencing crime. Shootings are a big problem around the country it seems. I pray you and your family remain safe and I hope you find the peace and tranquility you seek. It is so sad it doesn't seem to matter how upscale the communities become, violent crime still seems to become an issue. Thank you for your input. This is word to the wise, to select where we live carefully.
@redstreet80123 жыл бұрын
Non insured motorist insurance should always be a yes, when getting auto insurance.
@MichaelBordenaro3 жыл бұрын
I have it, and its not a large part of my insurance expense
@maxinebellows7413 жыл бұрын
I really enjoy your videos! I live in Bradenton, Florida and love it here.
@MichaelBordenaro3 жыл бұрын
That’s awesome Maxim thank you for watching! I love it here too and I enjoyed being in Bradenton a few months ago ✌️
@LMays-cu2hp3 жыл бұрын
Thank you for reporting about living down there in a beautiful Florida.
@MichaelBordenaro3 жыл бұрын
You’re welcome Lemard!
@danishacothiere60743 жыл бұрын
Car insurance is crazy for younger people. I'm looking at $212 a month and that's on the lower end from what I've heard from different agents. 😭
@MichaelBordenaro3 жыл бұрын
Yes car insurance in Florida can be very expensive especially when you’re younger
@_JohnJohn_3 жыл бұрын
I have a 2300 sqft home in Jax and pay $250 a month combined wtr/elec/swr and $40 for natural gas. Insurance is about $194 a month and property tax about $200 a month.
@MichaelBordenaro3 жыл бұрын
That is so low! Jax is probably one of the cheapest nice cities to live in FL though
@_JohnJohn_3 жыл бұрын
@@MichaelBordenaro just stay away from NW Jax and its pretty nice.
@MichaelBordenaro3 жыл бұрын
@@_JohnJohn_ Good to know as I've still never been just passed through
@bradleypost89713 жыл бұрын
Rockland/Westchester NY/North NJ: A livable 2/2 in a relatively safe area is probably at LEAST $2,000, likely well over $2,400. Broward and Miami-Dade County look better every day! ~$800-$1,200 split with a roommate for a relatively spacious apartment in a world class, sunny city? Sign me up😎☀️🌴
@factualbreakdown30723 жыл бұрын
Right you are! I grew up in one of the most affluent areas of Bergen County, NJ and your likely well over amount is at the LOW end of the rental range!
@larryusagmail47513 жыл бұрын
Lived in Westwood, NJ 25 years. Glad to be in Florida. Rent for a year before you buy, best advice.
@factualbreakdown30723 жыл бұрын
@@larryusagmail4751 Our family lived in Emerson for 55 years. If my youngest ends up settling in NMB and starting a family, she wants me with her, just like my parents helped me raise my 3 children. I have an attorney friend still living in Emerson who may be on the 2-3 year plan. He's looking at Miami too, as is my sister, her husband and a couple of her friends. I may end up keeping Michael quite busy!
@michaeltache36812 жыл бұрын
I bought my home in 2016 and used security first to insure it. It is a 1925 3 bed, 1 bath (1100sqft) with detached garage. The first three yrs the price was around $2000. Then in 2021 it went to $3000 which I paid. Then this year it went to $4600! When I called they told me they no longer accept FL customers and insinuated it was because of high fraud, and that if I left I couldn't come back. Well I left of course. Now I'm stuck w Citizens but pay $2400/yr. Older homes are harder to insure, but I love my home and the old charm it has.
@MichaelBordenaro2 жыл бұрын
Yes insurance down here has become a real pain over the last year, especially with the roof situation now
@tinapowers56253 жыл бұрын
When you talk about the costs of electricity for a condo like yours you meant running the AC daily day and night for about $150 monthly? Thank you
@MichaelBordenaro3 жыл бұрын
Good question Tina, I run the A/C for about 12 hours a day, 12 am to 12 noon usually and I have it on a pretty low setting at 69 degrees. I leave it off during the day, as it usually stays pretty cool in my place after being on all night. And I keep the windows closed to keep the bugs and humidity/heat out👍
@petersewalk97773 жыл бұрын
I live in Ocala Fl. My water bill is between $15-$17 a month. No lie.
@marias92213 жыл бұрын
Thank you For the important info Michael! The area I want to move to, housing has gone up in one year. I hope I don’t get priced out from moving to Florida! 🙏💕
@MichaelBordenaro3 жыл бұрын
You're welcome Maria! Everywhere is going up down here, but hopefully will not go up as much in another year from now
@martinhimself3 жыл бұрын
Thanks for a lot of important info you included in this video! Being thinking of moving to FL for a long time. Best regards from Schaumburg IL
@MichaelBordenaro3 жыл бұрын
You're welcome Martin, hopefully my channel will help you with your move if you decide FL is for you 👌
@samthoughts92212 жыл бұрын
Thanks for this content will watch more of these for a better transition in Fl
@MichaelBordenaro2 жыл бұрын
Awesome Sam, you're welcome, glad you enjoy it!
@mimi312683 жыл бұрын
great video, as always! xoxo from jupiter farms
@MichaelBordenaro3 жыл бұрын
Thank you very much Tinker Bell hello back from Miami Beach 😀
@kimberlyzickefoose39943 жыл бұрын
Wonderful information thank you so much
@MichaelBordenaro3 жыл бұрын
You are so welcome!
@pete56683 жыл бұрын
You'll shake the building down playing through that monster amp, lol
@MichaelBordenaro3 жыл бұрын
Haha luckily it has a master volume so it doesn't have to be cranked to 11 😄
@julianassnutricionista54992 жыл бұрын
thanks, great video! next year we're moving to florida!
@MichaelBordenaro2 жыл бұрын
Glad it was helpful!
@bradbosshart57092 жыл бұрын
Ours is water sewage and trash, it was $40 when we moved to FL in May, but it just went up to $70 a month with price of gas/inflation. Our electric is around $300/mo (2100 sq feet house). Our home owners insurance is $1500/yr.
@jbar_853 жыл бұрын
$373 for 6 months of auto insurance Mazda 3, full coverage. $40ish a month water bill. Electric in summer around $80-100. Both bills are for 2 people. We bought our townhome when the prices were at their lowest point and rates in 2012. We got very lucky and don’t plan on moving anytime soon- one day we want a ranch style house with a pool, though!
@donnaevans72 жыл бұрын
Where do you live?
@jbar_852 жыл бұрын
@@donnaevans7 Fort Lauderdale
@fofofofo30762 жыл бұрын
@@jbar_85 daaamn lucky you can i rent à room to rent 😅
@newkirk75913 жыл бұрын
Great video, however, I didnt hear you mention the Ft.myers area which right now is a sizzling housing market.
@MichaelBordenaro3 жыл бұрын
Thank you! Like I said I couldn’t include everywhere but Naples is pretty close
@kristoffliftoff93163 жыл бұрын
You know what’s super expensive in Florida relative to Chicago- grocery stores, targets, and pretty much everything besides taxes lol
@MichaelBordenaro3 жыл бұрын
Yes food is more expensive down here than IL for sure
@s996143 жыл бұрын
Why?
@kristoffliftoff93163 жыл бұрын
@@s99614 because the Midwest is the bread basket of the United States. There is a lot of farming in the area and Chicago is the Midwest’ biggest city. Also not including farming but Wisconsin is the “dairy capital” and so because things are so close shipping isn’t as much. And the food is actually better, other than the fish.
@chrisklest12383 жыл бұрын
You know what I think would be cool service. If you could host monthly group video/audio chats with people that are planning on moving to Florida. People could discuss their worries, their strategies, their to-do lists, share ideas, their findings and also it would allow people to get to know other new residents, so they don't feel alone in their journey. It would be motivation, like having a gym partner. If you aren't interested in hosting, I could host one as I am planning on moving there soon. It would be a simple zoom or messenger video call with people, with probably no more than 5 people per chatroom as any more than that and it would get too busy. If this is okay, I could host one this Saturday or next Saturday around 1 PM CT. If people vibe, they could partner with each other after the session is over and help each other until and after their move. My company does this with groups of new employees and it really does help to have a friend that is going through the same thing. Feel free to PM me if you want to discuss privately.
@marlenedawnsandford11503 жыл бұрын
I haven’t had insurance on my home in 25 years.
@MichaelBordenaro3 жыл бұрын
Good for you! Think of all that saved $$😀
@alexi24603 жыл бұрын
Helpful, thanks
@MichaelBordenaro3 жыл бұрын
You’re welcome!
@novadhd3 жыл бұрын
Good video. I would say though the car expenses are probably higher depending on how many/what type you own, etc.
@MichaelBordenaro3 жыл бұрын
Thanks! Yes they sure can be, mine are a bit higher but its in the budget so its ok
@makeupwithvalerienotrends79613 жыл бұрын
Thank you Michael, very interesting! 🥰
@MichaelBordenaro3 жыл бұрын
You are very welcome😀
@midlife_minimalist3 жыл бұрын
I live in a 2700 sq ft house in NE FL and my electric rarely gets up to $150. Highest are in summer months and I keep air on 76
@MichaelBordenaro3 жыл бұрын
Nice that’s not too bad! I keep my ear off during the day but at night time I like it cold and I put it on 69 and I cook a lot so that probably makes up for the difference
@waitaminute20153 жыл бұрын
I've decided not to have insurance on my 2nd floor condo. I'm not in a flood zone and I face north with only a few windows. Im considering storm shutters instead. Years ago in another state, I waited 9 mos on a claim that they lowballed. I know I'm taking a chance, and it's not for everyone, but insurance always seems to find a way to not pay out enough. Ten years ago, when I did have insurance, it was around $1200 yearly, so I'm sure a similar policy would be much more.
@MichaelBordenaro3 жыл бұрын
As long as you don't have a mortgage, nothing wrong with that. In fact, you'll probably save more money that way, and when something does happen, you can pay for it right away, no red tape, and fix exactly what needs to be fixed and nothing else. Storm shutters are a good idea 👍
@waitaminute20153 жыл бұрын
@@MichaelBordenaro yes, I don't have a mortgage. I have a good amount saved. Years ago up north, I waited 9 mos to have a huge hole in my ceiling fixed. After a new roof on my condo was put in, apparently a tool was dropped putting a slice through the rubber. Slowly water accumulated and I suddenly got a 4 ft hole! But yeah, I waited just to have someone come out to look.
@brysonwest933 жыл бұрын
Yikes! I can't believe folks don't have homeowners. That's my biggest asset. What about a fire? What about a tornado? I could be wiped out in one bad luck event. never buy warranty insurance, I agree it's a scam.
@palomahealing50733 жыл бұрын
Haven't visited Miami in 11 years and was shocked at how much groceries in general costs back then? And I live in Las Vegas?
@MrJersey843 жыл бұрын
The best restaurant are the ones that are not luxurious. The small places are best food and cheap.
@MichaelBordenaro3 жыл бұрын
Yep that’s usually true
@ramcesdelgado51233 жыл бұрын
Do housing and hotels drop low prices during the Winter times in Florida? 🧐Thanks for another nice information video Michael 👍🌅
@MichaelBordenaro3 жыл бұрын
Not at all. Winter is the most expensive time down here in Florida because people flock here from all over the world since it’s cold everywhere else
@newkirk75913 жыл бұрын
Not really, houses are in extremely high demand, as far as hotels are concerned, those are based on occupancy levels. If the hotel is dead, theres a great chance you can find some discounted rates.
@LindseyDara3 жыл бұрын
Like Michael said, winter is high season here as people flock to Florida Nov - April for the warm weather while it snows up north. Hotels definitely are highest around this time. I feel like the time for lowest hotel rates may be around sept-October as most people are back at work and do not travel at this time. My birthday is in October and I got a great deal in south beach to stay at a nice hotel by the Versace mansion for my birthday. Saved a lot going in October. But by first weekend of Dec the rates are going up for Art Basel and stays up past spring break.
@jonahhex96203 жыл бұрын
I’m having to catch up on videos as I’m now working M-F full time and M-S except Wednesday night part time so I don’t even get a break on weekends at least till tourism season dies down after summer then picks back up from October to New Years eve
@MichaelBordenaro3 жыл бұрын
No worries my friend, whenever you have time to watch is good!
@orangeblossoms883 жыл бұрын
Just an idea, but I'd really love to see an updated video on "what you can get for $1500 a month"!
@lextacy20083 жыл бұрын
I would too.
@debbiewolf50793 жыл бұрын
Old run down house.
@MichaelBordenaro3 жыл бұрын
Thanks for bringing that up, I'll see if I can make it happen 👌
@larryweimer85723 жыл бұрын
You need to update about The Villages.. The villages is golf cart accessible from the most northern part all the way to the most southern part. The Villages has golf cart bridges yes i said golf cart bridges. Also there is a golf cart paths and tunnels for the golf carts. You need to come back and get some people that have been living here for a while. It is a lot cheaper to live in The villages.
@virginiaw86083 жыл бұрын
This is pretty spot on for Florida coastal or major city col. However, if someone is looking to live frugally in Florida, come to the rural areas. In some areas, 1600 sq ft NEW HOUSE is around $140,000 and that's with a bit of land. Not coastal property, but the coast is not too far to have a day trip to the beach.
@MichaelBordenaro3 жыл бұрын
That is a good point Virginia, you can definitely get something much cheaper inland if thats what you prefer👌
@lifewithkaty3173 жыл бұрын
Water bill in north Orlando for 2 ppl runs us $65 a month!
@MichaelBordenaro3 жыл бұрын
Not bad that is super cheap!
@lextacy20083 жыл бұрын
Your lucky to have avoided the water traps. My townhome pays for my water so I do not have a clue what my central FL bill is
@prettygirlus90083 жыл бұрын
Is the aerial shot at the start of this video from the balcony of your rental condo? Looks great!
@MichaelBordenaro3 жыл бұрын
No I wish! Its from one of Lisi's clients place. She took that shot for me😀
@jlpack623 жыл бұрын
Key West. If you have to ask, you can't afford it.
@MichaelBordenaro3 жыл бұрын
You got that right!
@laura-zu4yz3 жыл бұрын
I'm surprised your grocery bill has not changed, my groceries are 40% higher. A red bell pepper is now $6.59 per lb. and use to be $3 something, A brand of almonds went from $6 something to $10 something.
@MichaelBordenaro3 жыл бұрын
I'm surprised too honestly with the cost of so many things going up. Maybe its just the specific groceries I buy🤷♂️
@laura-zu4yz3 жыл бұрын
@@MichaelBordenaro Well count your blessings. I buy organic food too so already paying an arm and a leg :) So far the organic beef I buy hasn't gone up really but the chicken has.
@MichaelBordenaro3 жыл бұрын
@@laura-zu4yz Yep I know lol. I am actually expecting things to go up with all this money printing....
@GTAYLOR19723 жыл бұрын
That water bill, wow. I live in Nashville, TN and my water bill(for a single person) is around 28 to 32 a month.
@MichaelBordenaro3 жыл бұрын
I know right! Believe it or not, the water bill was one of the big influencing factors for me to sell that place. If I had your water bill, it might have been a different story😄
@Ib902 жыл бұрын
My water bill in MN is $47 dollars for single 1 bedroom shitty apartment.🤦
@joejoejohnson82073 жыл бұрын
1500.00 a month is unheard of on the jersey shore.. My winter rental.went up to 30,000.00 a month season.. Needless to say I moved.. Cant even get a condo here for 250000.00
@MichaelBordenaro3 жыл бұрын
I'll bet!
@mangos28883 жыл бұрын
Wholy crap! What happened to Sarasota and Naples? 15% increase in home prices and 42% increase, 35% increase, respectively, in rental rates. Incredible.
@MichaelBordenaro3 жыл бұрын
I know its out of control!!
@JesusPaidItAll3 жыл бұрын
Since I am in the process or moving 🤬 to Tampa, I have NOT seen any 2/2 for $1500 😄 Maybe in the ghetto. I have seen 1/1 for ~$1500/$1600. If you're looking for a 2/2 in a decent area it's closer to $1800. $1700 rentals here in PBC are very hard to come by. Ok, back to the video...
@MichaelBordenaro3 жыл бұрын
you have to remember these are just the average prices. And right now the real estate market is changing so fast that any inventory here today can easily be gone tomorrow
@JesusPaidItAll3 жыл бұрын
@@MichaelBordenaro I understand.
@fayeinwonderland3 жыл бұрын
Wow....basically what I'm paying in San Gabriel, California 😨
@JesusPaidItAll3 жыл бұрын
@@fayeinwonderland Ya, it's pretty crazy. This market has to crash eventually. I am just gonna wait it out before I buy anything.
@chrisklest12383 жыл бұрын
@@JesusPaidItAll, there will be crashes in the future, but remember that the population in the USA grows by 1.2% a year or 4.2 million people, and that is without immigration. That's like dropping another LA proper on the map every year, so competition will continue to rise. Also, add in inflation, competition from work-from-home migrants and large corporations that are looking to buy up real estate to rent it out. I think whatever rise we seen in prices in the last 30 years, we will see again in the next 30 years.
@johnwright25093 жыл бұрын
Good, update on costs.
@MichaelBordenaro3 жыл бұрын
Thank you John!
@SymphoniasStories2 жыл бұрын
Another update please.
@camperspecial98073 жыл бұрын
My full coverage through Universal insurance is 1450 a year. Covers flood wind hurricane and sinkholes. Would have sent it before but missed the last vid.
@MichaelBordenaro3 жыл бұрын
That sounds like a pretty good deal! And rare to have everything covered on such an inexpensive policy
@camperspecial98073 жыл бұрын
@@MichaelBordenaro in Jacksonville flood zone x
@camperspecial98073 жыл бұрын
If you buy in flood zone x you don't need flood insurance but it's so cheap you might as well. Jacksonville way cheaper for everything in Florida
@fivestar0003 жыл бұрын
How about property tax? What’s the percentage In south Florida? And what are the hidden expenses owning a house or a rental property? That’s probably differ froM the northeastern states? Thanks
@MichaelBordenaro3 жыл бұрын
Property tax is included in the $1500/mo housing payment. If you do the breakdown for an average 300k house here in FL, your monthly payment will be roughly 1500/mo with mortgage, property taxes and insurance. The % of property tax rates vary a lot throughout FL, even from county to county and city to city. But on average most places will be between 0.7%-1.3%
@fivestar0003 жыл бұрын
@@MichaelBordenaro okay thanks just trying to get a feel for the pricing I’ll be heading there in 3 weeks for vacation to also check out some locations duplex’s when I’m ready to relocate in couple months
@jonahhex96203 жыл бұрын
So I’m working 2 jobs a 9-5 then a part time night and weekend job from 7:30 am to 1:30 am 3 days a week and alternating weekends but a co worker quit so I have to cover her 3 days and weekends so I’m
@MichaelBordenaro3 жыл бұрын
Don't worry Jonah anytime you have time to watch is good enough for me. We all have to pay the bills 👍
@haha-eg8fj3 жыл бұрын
Thank you for the information. I thought it's cheap to live in Florida I guess I was wrong.
@MichaelBordenaro3 жыл бұрын
You're welcome. Its funny bc some people say this is cheap and others say its expensive. All depends where you're coming from I suppose
@pauld3153 жыл бұрын
Nice video but the costs vary so much from region to region in Florida that it would be more beneficial to do a series of shorter videos based on area. For example, my costs in Ocala are so much lower than in Miami.
@MichaelBordenaro3 жыл бұрын
Thanks I try to keep things as average as possible especially when it comes to the cost of housing.
@CatsAreNiceMeow Жыл бұрын
I live in Rhode Island. I’m thinking of moving to Florida in a few years. Florida is probably more affordable compared to Southern New England.
@alpi4293 Жыл бұрын
Do you like to live in Rhodes?
@chgofirefighter2 жыл бұрын
Insurance is such a scam they charge so so much and when an issue does happen you’ll jump through hoops, then your premiums and deductibles increases. At times it takes months or years to settle a claim. Insurance companies make billions!
@MichaelBordenaro2 жыл бұрын
I agree !! Its totally a scam. I would rather have no insurance on anything and just take my chances. That fact its "required" on so many things is another scam in itself
@chgofirefighter2 жыл бұрын
@@MichaelBordenaro true, it’s basically EXTORTION! 🤷🏽♂️ these politicians and laws force you to have insurance if you don’t you’ll get fines, etc etc total freaking scam! If I ever buy a property cash I would never buy insurance instead I’ll save the money for a rainy day! I absolutely hate insurance, you file a claim then you get penalize for using your own insurance! I mean, wtf! It pisses me off… years ago I got involved in an accident which wasn’t my fault, in fact, the lady didn’t have a license, let alone insurance. My premiums went up automatically after I filed. It’s such a scam!
@MichaelBordenaro2 жыл бұрын
@@chgofirefighter Oh man the same thing happened to me too with insurance in the past. We are on the same page. NO insurance if at all possible!
@sametmutlu8372 жыл бұрын
Following for next video
@MichaelBordenaro2 жыл бұрын
Thanks!
@debbiewolf50793 жыл бұрын
A good steak in Arizona you can cut it with a butter knife.
@ginasutube3 жыл бұрын
Also how much is the average cost for ruining the air conditioner for say a 700 sf to1000 sf dwelling?
@waitaminute20153 жыл бұрын
I keep my ac on 80 , crazy for most people, but my bill is never over $65. It depends on the temp you run it. Most of my neighbors pay $100-$150.
@lextacy20083 жыл бұрын
run it half the day and I post about 90$ per month in June and December about 55$
@MichaelBordenaro3 жыл бұрын
These are both good real life examples down below
@chrisklest12383 жыл бұрын
Is that $350 West Palm Beach water bill mostly "service" and not actual water price per gallon?
@MichaelBordenaro3 жыл бұрын
That’s right! There’s all sorts of service charges on the bill which to me is a total scam
@Cristina-hj4ir3 жыл бұрын
Hi Michael, great video. What about health insurance? I am not familiar with this one as I am currently living in Europe. How much is that per month?
@MichaelBordenaro3 жыл бұрын
Thanks Cristina! I always leave out health insurance on purpose since there is no "average" It can be drastically different depending on how much income you make, your job, your plan, how many people are covered in your plan etc. So it can range from like the $40/month I pay up to $600-800/mo or more for a married couple with a family and everywhere in between, so its a topic that is very hard to nail down figures that work for most people.
@SymphoniasStories2 жыл бұрын
Could you please do another update? Thanks!
@MichaelBordenaro2 жыл бұрын
This video is only a couple months old, so it is the update for now 😄
@factualbreakdown30723 жыл бұрын
Hello Michael! Change of plans after Surfside collapse - rather than two weeks back in Aruba over Christmas, my daughter wants to go to NMB to spend our tourist dollars to give back to that Community. If we find a sweet beach bungalow to rent and she totally loves it, I may need your help for the long term in that area.
@MichaelBordenaro3 жыл бұрын
Thats very kind of you! Let me know what you think of the area when you're here!
@factualbreakdown30723 жыл бұрын
My daughter and I binge watched your walking and driving tours of NMB areas and neighborhoods yesterday, and I am definitely going to need your help. I'll be sending you an email early next week to discuss further. GREAT VIDEOS! THANKS!
@MichaelBordenaro3 жыл бұрын
@@factualbreakdown3072 Awesome, thanks for the binge!
@factualbreakdown30723 жыл бұрын
@@MichaelBordenaro No problem! I've been binge sharing too, especially to people in NJ who I know have their short-term eye on FL!
@THEMAX000003 жыл бұрын
Hello Michael, Hope you are doing well. May I ask what website you were using to do your research? I'm hoping to get out of California and get to Florida as soon as I can. I would love to be able to have some understanding of what rent in central Florida is like, Polk county: Lake Wales, Lakeland, Winterhaven. Still praying for you my friend. Never forget the Jesus loves you! John 3:16
@MichaelBordenaro3 жыл бұрын
For the rental numbers I was using Zumper.com and for sale is zillow.com. Good luck in your research!
@THEMAX000003 жыл бұрын
Thank you so much Michael. Thank you for taking the time is always to respond!
@agamble11263 жыл бұрын
Wow, water is high for a place with abundant water. That's significantly more than we pay in CA per month. Income tax is a funny thing, and definitely varies by state. People (employers too) like to tell my husband, well you won't have any state income tax. So he should not be concerned with a $2000+ a month paycut because we won't have to pay that $1100 a YEAR in income taxes to California. 🙄 With housing so crazy, it is really NOT cheaper to live in FL. We know it doesn't make sound financial sense, but we're still considering a move to the Sunshine State because we believe it's a better place to raise our kids than CA. We do not have family in either state.
@MichaelBordenaro3 жыл бұрын
Yes but it’s mostly just there as far as I know for the high water bill. Everywhere else seems to be reasonable and some other people but how much they pay in the comments. That’s a good point on the pay cut and then no state income tax is. I think that becomes much more important depending on how much you make per year and how much you’ve been paying in state income tax where you live
@tuft77753 жыл бұрын
$300+ a month for a water utility bill? I had to comment is this normal in Florida?? Makes renting with utilities included more favourable if you include the insurance scam also?!! Thanks for this info guys very useful!
@MichaelBordenaro3 жыл бұрын
No I don’t think this is normal for a water bill I think it’s extremely high. I’ve already seen a couple other comments of people that are paying much less. And that’s right if you find a place for rent with water included especially in an area like this you’re getting a deal!
@jbar_853 жыл бұрын
Not normal at all. They used too much water.
@lextacy20083 жыл бұрын
My water bill is 0$ and I would like to keep it that way.
@MichaelBordenaro3 жыл бұрын
haha me too!
@donjuan9143 жыл бұрын
If you had to choose between living in the Orlando area vs the Tampa area, which one would you pick?
@MichaelBordenaro3 жыл бұрын
For me it would be Tampa all day long✌️
@chrisklest12383 жыл бұрын
Tampa has the beach, so how about Jacksonville vs Tampa?
@debbiewolf50793 жыл бұрын
Neither !!
@debbiewolf50793 жыл бұрын
@@chrisklest1238 Jacksonville is crime invested.
@cricket64103 жыл бұрын
@@MichaelBordenaro do you prefer Tampa due to housing costs, or something else?
@scully392z3 жыл бұрын
Housing is so cheap. In Hawaii the median price for a house is close to a million.
@MichaelBordenaro3 жыл бұрын
You cant really really compare FL to Hawaii, but coming from there anything here is a bargain!
@bpom5272 жыл бұрын
@@MichaelBordenaro I actually just heard someone today (kinda) compare them! Lol They said they are different but if the airlines continue to be stupid she said Florida is definitely a tropical option if we can no longer fly to Hawaii.
@puravida56832 жыл бұрын
Great info! Think I'll just stay in Costa Rica. Everything is so much cheaper!
@MichaelBordenaro2 жыл бұрын
Thanks! I'm sure it is much cheaper!
@rosa502302 жыл бұрын
You need to make an other update on the cost of living in Orlando Fl. rent have gone up $300 to 600 more on apartment rentals.. I think you made a mistake about restaurant dinner prices for two, there is not midrange restaurants in Orlando Fl. where you can have a dinner for two like the one that you show in this video with steak an bottle of wine for less than $ 250, if you bring your own wine that will cut your bill, but you'll still have to pay a corkage fee between $15 to $50.
@ExpertRealEstateTeam2 жыл бұрын
A ton of people are moving to South Carolina From Florida!
@MichaelBordenaro2 жыл бұрын
Havent heard about that one yet!
@american55643 жыл бұрын
So up $100k from a year ago
@MichaelBordenaro3 жыл бұрын
Haha not quite 😄
@Atem_S.3 жыл бұрын
40K.. Very decent!
@MichaelBordenaro3 жыл бұрын
Yeah its not that bad still!
@debbiewolf50793 жыл бұрын
You should pay for flood insurance.
@MichaelBordenaro3 жыл бұрын
Depends on where you live
@NN571433 жыл бұрын
I want to know what the wine is! ;-) lol
@MichaelBordenaro3 жыл бұрын
That was DH Elliott Petit Sirah, I get it from my wine club us.nakedwines.com/invite/michael-bordenara
@NN571433 жыл бұрын
@@MichaelBordenaro :-D Yum
@irmajasso-mendez43333 жыл бұрын
What are typical salaries? Seems that $38k isn't quite accurate.
@javierromero72083 жыл бұрын
Can anyone tell me what’s the “Orange County” of Florida
@MichaelBordenaro3 жыл бұрын
Its near Orlando
@jamesd.26243 жыл бұрын
That steak is enough to feed two people
@MichaelBordenaro3 жыл бұрын
Haha not when I'm hungry!
@AriesNyc7182 жыл бұрын
But yet, every company that tells you, if you leave to Florida, you’ll get a pay cut because florida cost of living is really cheap.
@MichaelBordenaro2 жыл бұрын
Yeah I don't know who comes up with that. That may have been true many years ago, but not anymore
@jlpack623 жыл бұрын
Michael eating at home like an American. Michael eating out at a restaurant like a European! :-)
@MichaelBordenaro3 жыл бұрын
Obviously you can see I am much more American then 😀
@jlpack623 жыл бұрын
@@MichaelBordenaro me too!
@jerome61912 жыл бұрын
What is the minimum wage in Florida now in 2022?
@MichaelBordenaro2 жыл бұрын
$10/ hour
@virginiaashmore86433 жыл бұрын
Hey Michael, have you ever seen Casey Neistat’s vlog?
@chrism90173 жыл бұрын
Michael, where are you getting your rental stats from? EDIT: Found it (Zumper).
@MichaelBordenaro3 жыл бұрын
You found it!
@neilkorn7862 жыл бұрын
Is there tax on food?
@MichaelBordenaro2 жыл бұрын
Yes
@neilkorn7862 жыл бұрын
@@MichaelBordenaro I read the tax on food is only for "prepared food" like made sandwiches and restaurants. Regular food in stores is not?
@MichaelBordenaro2 жыл бұрын
@@neilkorn786 That’s not true. You go to the grocery store you pay tax