Housing costs in Lake Park?
A typical home costs
$361,500, which is 6.9% more expensive than the national average of
$338,100 and 0.2% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Park costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 7.1% more than the state average of
$1,560.
Can I afford Lake Park?
To live comfortably in Lake Park, Florida, a minimum annual income of
$69,120 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Lake Park?
The cost of living in Lake Park, FL is relatively low compared to the national average. Housing costs are particularly affordable, and the median home value is around $180,000. The median household income is also reasonably low at around $43,000. In addition, the cost of groceries and other necessities remains lower than in some other areas of the state. Overall, Lake Park provides a great opportunity for those looking for a cost-effective place to call home.