Housing costs in Lake Hamilton?
A typical home costs
$263,300, which is 22.1% less expensive than the national average of
$338,100 and 27.3% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Hamilton costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 34.5% cheaper than the state average of
$1,560.
Can I afford Lake Hamilton?
To live comfortably in Lake Hamilton, Florida, a minimum annual income of
$50,400 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Lake Hamilton?
The cost of living in Lake Hamilton, FL is relatively low compared to other areas in the area. According to BestPlaces, the cost of living index for Lake Hamilton is 75.47, which is lower than both the U.S. average of 100 and the Florida state average of 92.26. This means that basic goods and services cost less on average here than either national or state averages. Housing prices are also lower than national averages, at 5% below the national median home price. Combined with a favorable job market and a vibrant local economy, Lake Hamilton makes an attractive place to live for those seeking an affordable lifestyle without sacrificing amenities or quality of life.