Housing costs in Panacea?
A typical home costs
$355,500, which is 5.1% more expensive than the national average of
$338,100 and 1.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Panacea costs
$1,650 per month, which is 15.4% more than the national average of
$1,430 and 5.5% more than the state average of
$1,560.
Can I afford Panacea?
To live comfortably in Panacea, Florida, a minimum annual income of
$68,040 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Panacea?
The cost of living in Panacea, FL is quite reasonable compared to other areas of the state. The average home price in the area is around $182,400 which is lower than most parts of Florida. Additionally, the overall cost for everyday items such as groceries and gasoline are fairly low. With an average income rate of $31,878 per year, people in Panacea can easily afford to live comfortably here. Overall, Panacea is an affordable place to live with a great quality of life.