Housing costs in Royal Palm Estates?
A typical home costs
$349,400, which is 3.3% more expensive than the national average of
$338,100 and 3.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Royal Palm Estates costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 25.7% more than the state average of
$1,560.
Can I afford Royal Palm Estates?
To live comfortably in Royal Palm Estates, Florida, a minimum annual income of
$66,960 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Royal Palm Estates?
The cost of living in Royal Palm Estates, FL is quite affordable compared to other parts of the state. Housing costs are very reasonable, with median home prices in the low $200,000s range. Groceries and other essentials are also reasonably priced. The median household income is around $60,000, so most residents can make ends meet without too much trouble. Taxes are relatively low as well, making Royal Palm Estates an attractive option for those looking for a more affordable lifestyle.