Housing costs in Sorrento?
A typical home costs
$384,100, which is 13.6% more expensive than the national average of
$338,100 and 6.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Sorrento costs
$1,610 per month, which is 12.6% more than the national average of
$1,430 and 3.1% more than the state average of
$1,560.
Can I afford Sorrento?
To live comfortably in Sorrento, Florida, a minimum annual income of
$73,440 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Sorrento?
The cost of living in Sorrento, FL is relatively low compared to other parts of the country. The median home price is around $181,000 and the median household income is just over $47,000. Property taxes are also generally lower than average, with an effective rate of 0.76%. Groceries and transportation costs are also typically lower than elsewhere in the United States. Additionally, the unemployment rate in Sorrento remains lower than both Florida and national averages. All of these factors make Sorrento a great place for anyone looking to live without breaking the bank.