Housing costs in Gulf Stream?
A typical home costs
$2,529,400, which is 648.1% more expensive than the national average of
$338,100 and 598.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Gulf Stream costs
$2,440 per month, which is 70.6% more than the national average of
$1,430 and 36.1% more than the state average of
$1,560.
Can I afford Gulf Stream?
To live comfortably in Gulf Stream, Florida, a minimum annual income of
$484,560 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Gulf Stream?
Gulf Stream, FL is an expensive place to live, with housing prices much higher than the national average. The median home price in Gulf Stream is currently $2.7 million, and rents are also significantly higher than the national median. While other costs of living such as groceries, transportation and healthcare are on par with or slightly lower than the US average, these high housing costs make it difficult for many people to afford living in the area. However, Gulf Stream has great amenities and a desirable climate that attracts many people as well as businesses seeking a high quality of life for their employees.