Golf Carts Cost $1,000s

The Villages, a retirement community in Florida, has a range of hidden costs that residents may not be aware of. One of the main expenses is the golf cart, which is a titled vehicle with its own set of carrying costs, including insurance, tires, and periodic battery pack replacement.

Every Villages home also carries a monthly amenity fee, a bond assessment, and a CDD maintenance tax, which can add up quickly. These costs are compounded by the fact that Florida's price parity index is 103, meaning that costs in the state exceed the national average.

The amenity fees in The Villages are also increasing at a rate that outpaces the projected 2027 COLA of 3.1%. This means that residents can expect to pay more for amenities such as pickleball courts and golf courses, which are a major part of the community's lifestyle.

Many two-person households in The Villages own two golf carts, as coordinating just one can be more hassle than it is worth. The cost of a brand-new lithium electric golf cart from a dealer is significantly more than a used gas cart from a private seller. Additionally, the battery pack on an electric golf cart is a large recurring replacement expense.

## Why it matters The hidden costs of The Villages are important for potential residents to consider, as they can add up quickly and exceed the national average. The community's lifestyle, which includes golf carts, pickleball courts, and golf courses, comes with a range of recurring expenses that can impact a resident's budget. Understanding these costs is crucial for making an informed decision about whether The Villages is the right choice for retirement.

The costs associated with The Villages are not just limited to the golf cart and amenity fees. The community's location in Florida also means that residents are subject to the state's taxes, which can impact their retirement income. Overall, the hidden costs of The Villages are an important consideration for anyone thinking of moving to the community.