Housing costs in Inverness?
A typical home costs
$229,900, which is 32.0% less expensive than the national average of
$338,100 and 36.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Inverness costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 66.0% cheaper than the state average of
$1,560.
Can I afford Inverness?
To live comfortably in Inverness, Florida, a minimum annual income of
$43,920 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Inverness?
Inverness, FL is an affordable place to live with a cost of living that is below the U.S. national average. This small city offers low property taxes on both commercial and residential properties, along with low utilities costs. The cost of groceries, healthcare, and transportation are all relatively lower than the national average. Inverness residents also enjoy a number of things for free, including outdoor recreation activities at parks and green spaces throughout the city as well as free festivals and events hosted by local community organizations. With all these factors considered, Inverness is an attractive option for those looking to save money while still enjoying a beautiful area to call home.