Housing costs in Pelican Bay?
A typical home costs
$1,230,200, which is 263.9% more expensive than the national average of
$338,100 and 239.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Pelican Bay costs
$2,020 per month, which is 41.3% more than the national average of
$1,430 and 22.8% more than the state average of
$1,560.
Can I afford Pelican Bay?
To live comfortably in Pelican Bay, Florida, a minimum annual income of
$235,800 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Pelican Bay?
The cost of living in Pelican Bay, FL is quite affordable. The average cost for housing is slightly below the national average and groceries are also relatively low cost. The overall cost of goods and services in Pelican Bay is 7% lower than the national average, allowing residents to live comfortable lives that don't break their budgets. The local economy is strong and growing, so despite the lower costs it's not difficult to find decent jobs that pay a livable wage. In addition, there are many activities and amenities available to residents at no or low cost, such as public parks and recreation centers as well as the nearby beaches. All these factors make living in Pelican Bay a great option for those looking for an affordable place to call home!