Housing costs in Lake Alfred?
A typical home costs
$268,600, which is 20.6% less expensive than the national average of
$338,100 and 25.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Alfred costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 51.5% cheaper than the state average of
$1,560.
Can I afford Lake Alfred?
To live comfortably in Lake Alfred, Florida, a minimum annual income of
$51,480 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Lake Alfred?
The cost of living in Lake Alfred, FL is relatively affordable. Based on the research, the overall cost of living index in Lake Alfred is estimated to be 17% lower than the US average, while housing costs are estimated to be 8% lower than the US average. This means that those living or looking to move to Lake Alfred will benefit from an overall lower cost of living compared to other cities and towns throughout Florida and the United States. In addition, since Lake Alfred is located near major cities such as Orlando and Tampa, residents can take advantage of the various amenities available in these cities without having to pay an additional premium for living expenses.