Housing costs in Lake Panasoffkee?
A typical home costs
$206,300, which is 39.0% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Panasoffkee costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 54.5% cheaper than the state average of
$1,560.
Can I afford Lake Panasoffkee?
To live comfortably in Lake Panasoffkee, Florida, a minimum annual income of
$39,600 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Lake Panasoffkee?
Lake Panasoffkee, FL is an affordable place to live. The cost of living here is 8 percent lower than the national average, making it a great choice for those looking to save money while still enjoying the Florida lifestyle. This area's housing costs are also very reasonable; the median home price in Lake Panasoffkee is around $125,000, which is significantly lower than both the state and national averages. Additionally, groceries and transportation costs in Lake Panasoffkee are below average as well. All-in-all, this makes Lake Panasoffkee an excellent choice for those looking to enjoy a great quality of life without breaking the bank.