Housing costs in Okeechobee?
A typical home costs
$231,500, which is 31.5% less expensive than the national average of
$338,100 and 36.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Okeechobee 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 Okeechobee?
To live comfortably in Okeechobee, Florida, a minimum annual income of
$44,280 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Okeechobee?
Okeechobee, FL is known for being an affordable living option with a cost of living that is well below the national average. The median home value in Okeechobee is around $118,700, which is lower than the Florida average of $208,100. Additionally, groceries are about 8% lower than the national average and utilities are an impressive 10% lower than what you would find elsewhere. Although there can be higher costs associated with healthcare and transportation in Okeechobee compared to other cities of similar size, overall it remains a very cost-efficient place to live.