Housing costs in Balm?
A typical home costs
$284,800, which is 15.8% less expensive than the national average of
$338,100 and 21.4% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Balm costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 20.9% cheaper than the state average of
$1,560.
Can I afford Balm?
To live comfortably in Balm, Florida, a minimum annual income of
$54,720 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Balm?
The cost of living in Balm, FL is relatively low compared to many other parts of the country. The median home price is around $142,000, which is significantly lower than the national average of $216,200. Renting in Balm also tends to be less expensive than elsewhere in Florida and even some larger cities in the United States. In addition to housing costs, food and utilities typically remain at reasonable prices as well. Although it may be higher for select goods and services due to its rural location, overall inflation has been kept under control in Balm.