Housing costs in Lutz?
A typical home costs
$438,900, which is 29.8% more expensive than the national average of
$338,100 and 21.1% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lutz costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 17.0% more than the state average of
$1,560.
Can I afford Lutz?
To live comfortably in Lutz, Florida, a minimum annual income of
$84,240 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Lutz?
The cost of living in Lutz, FL is quite reasonable. The median household income for the area is just under $80,000 per year and the median home value is around $270,000. Renters can find apartments for rent starting at around $1000 a month with some two bedroom units running slightly higher. Groceries, utilities, and other necessities are all relatively affordable in comparison to other areas in Florida and across the country as well. The overall cost of living in Lutz provides a comfortable lifestyle without breaking the bank.