Housing costs in Fanning Springs?
A typical home costs
$253,300, which is 25.1% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Fanning Springs costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 67.7% cheaper than the state average of
$1,560.
Can I afford Fanning Springs?
To live comfortably in Fanning Springs, Florida, a minimum annual income of
$48,600 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Fanning Springs?
The cost of living in Fanning Springs, FL is relatively low, making it an ideal place for those looking to stretch their budget. In fact, the cost of living index in Fanning Springs is up to 6% lower than the national average and housing costs are around 13% lower than other areas of Florida. This combination makes Fanning Springs a great destination for those looking to save money while still enjoying all the amenities this city has to offer. Additionally, the median household income is higher than the state and national averages, which can be partially attributed to the low cost of living. All in all, Fanning Spring's low cost of living makes it an attractive option for anyone looking to settle down in Florida.