Wallace, FL Cost of Living


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Wallace cost of living score
99.8
Less expensive
0.2% lower
than the US average
3.2% lower
than the Florida average
Wallace, Florida gets a BestPlaces Cost of Living score of 99.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.2% lower than the U.S. average and 3.2% lower than the average for Florida.

Wallace, FL

Housing costs in Wallace?
A typical home costs $376,600, which is 11.4% more expensive than the national average of $338,100 and 3.9% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Wallace costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 33.3% cheaper than the state average of $1,560.

Can I afford Wallace?
To live comfortably in Wallace, Florida, a minimum annual income of $72,000 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Wallace?
The cost of living in Wallace, FL is quite affordable. The median household income is slightly below the national average, but the cost of housing and other necessities are very reasonable. Property taxes are also relatively low compared to many other cities in Florida, making it a great place to live for those looking for an affordable lifestyle. Prices at grocery stores, restaurants and other services are all fairly moderate as well, providing further savings for residents. Overall, Wallace is a great place to live that offers a good quality of life on a budget.
   Cost of living score
     CategoriesWallaceFloridaUnited States
  99.8103.1100.0
  98.8102.8100
  98.4102.3100.0
  129.2101.1100.0
  $376,600$362,400$338,100
  108.0%101.3%100.0%
  101.9112.6100.0
  105.087.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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