Housing costs in Buckingham?
A typical home costs
$356,400, which is 5.4% more expensive than the national average of
$338,100 and 1.7% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Buckingham costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 25.8% cheaper than the state average of
$1,560.
Can I afford Buckingham?
To live comfortably in Buckingham, Florida, a minimum annual income of
$68,400 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Buckingham?
Buckingham, FL is an affordable place to live. The cost of living is lower than the United States average, and housing costs make up only 27.8% of the typical household budget. This compares favorably with the national average of 33%. Food costs also contribute significantly less to the monthly budget in Buckingham than they do on average in the US, coming in at 10.9%, over five points below the national average of 16%. This means that households have more disposable income to save or enjoy entertainment and leisure activities. Additionally, transportation costs are much lower than many cities throughout Florida and come in at only 15.1% of a typical household's budget. All this makes Buckingham an attractive option for those looking for a cost-effective place to live.