Housing costs in Fort Walton Beach?
A typical home costs
$322,200, which is 4.7% less expensive than the national average of
$338,100 and 11.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Fort Walton Beach costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$1,560.
Can I afford Fort Walton Beach?
To live comfortably in Fort Walton Beach, Florida, a minimum annual income of
$61,560 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Fort Walton Beach?
Fort Walton Beach, FL is known for its affordable cost of living. The median housing costs are well below the national average, with a median home price of around $177,000. Other day-to-day expenses are also low when compared to other areas on the Gulf Coast. Groceries, transportation, and utilities tend to be slightly below the national average. Plus, there are no state income taxes in Florida, so that will help keep your budget in check. With an affordable cost of living and beautiful beaches nearby, Fort Walton Beach is an ideal place to call home.