Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Venice

Is it better to rent or buy in Venice? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to Venice Hub

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$32,066
$1,015/mo

Median in area: $1,015

$54,000

Median in area: $54,000

$10,800

If you Rent

🔑
$1,234 /mo
Base Rent$1,015
Est. Utilities$219
% of Income46.2%
Pre-tax Residual$1,438

If you Buy

🏠
$657 /mo
P&I (7.625%)$306
Taxes & Ins$132
Est. Utilities$219
% of Income24.6%
Pre-tax Residual$2,015

Cost of Living FAQs

Is it cheaper to rent or buy in Venice?›

Based on median housing data, buying is currently more affordable on a monthly basis in Venice. The estimated all-in monthly cost for renting is $1,234, while owning a median-priced home with a 20% down payment is roughly $657 per month (a difference of $577).

How much do utilities cost in Venice?›

The average monthly utility cost (electricity and natural gas) for a typical home in Venice is approximately $219. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Venice?›

To comfortably afford the median rent and utilities in Venice without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $49,360 per year.