Housing costs in Lighthouse Point?
A typical home costs
$772,200, which is 128.4% more expensive than the national average of
$338,100 and 113.1% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lighthouse Point costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 12.4% more than the state average of
$1,560.
Can I afford Lighthouse Point?
To live comfortably in Lighthouse Point, Florida, a minimum annual income of
$147,960 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Lighthouse Point?
Living in Lighthouse Point, FL can be an expensive venture. The median home value is well over $700,000 making it one of the most expensive cities in South Florida. Despite this high cost of living, residents enjoy benefits such as low taxes and a low crime rate. The average cost of living index for the city is 136.7, which is slightly higher than the national average of 100. This means that things like groceries, healthcare, housing expenses, and other basic necessities can be slightly more expensive here than in other parts of the country. All in all though, Lighthouse Point remains a desirable place to live due to its beautiful views and access to some of South Florida's best beaches and waterfront activities.