Housing costs in South Gate Ridge?
A typical home costs
$342,100, which is 1.2% more expensive than the national average of
$338,100 and 5.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in South Gate Ridge costs
$1,860 per month, which is 30.1% more than the national average of
$1,430 and 16.1% more than the state average of
$1,560.
Can I afford South Gate Ridge?
To live comfortably in South Gate Ridge, Florida, a minimum annual income of
$65,520 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about South Gate Ridge?
The cost of living in South Gate Ridge, FL is quite reasonable. The median home price in the area is around $200,000, making it affordable for those looking to buy a home. The state has no income tax, so residents benefit from that as well. Additionally, utility costs are low and many goods and services are fairly priced. Overall, South Gate Ridge offers an excellent quality of life at an affordable cost.