Babson Park, FL Cost of Living


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How much do I need to live in Babson Park, Florida?
$3,420 / month
for a family, 36.7% less expensive than the national average A total of $41,040 for the year for a family.
$3,667 / month
for a single person, 23.1% less expensive than the national average A total of $44,000 for the year for a single person.

Babson Park cost of living score
91.6
Less expensive
8.4% lower
than the US average
11.2% lower
than the Florida average
Babson Park, Florida gets a BestPlaces Cost of Living score of 91.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.4% lower than the U.S. average and 11.2% lower than the average for Florida.

Babson Park, FL

Housing costs in Babson Park?
A typical home costs $214,000, which is 36.7% less expensive than the national average of $338,100 and 40.9% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Babson Park costs $1,360 per month, which is 4.9% cheaper than the national average of $1,430 and 14.7% cheaper than the state average of $1,560.

Can I afford Babson Park?
To live comfortably in Babson Park, Florida, a minimum annual income of $41,040 for a family, and $44,000 for a single person is recommended.

What does A.I. say about Babson Park?
The cost of living in Babson Park, FL is quite reasonable. According to the latest statistics, the overall cost of living index in Babson Park is just over 90, which is lower than the national average of 100. Housing costs are especially affordable, with median home prices being around $150,000 and rentals ranging from $650 to $900 a month. Living expenses such as food and transportation are also reasonably priced. With its wonderful climate and low-cost lifestyle, Babson Park is a great choice for those looking to enjoy an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBabson ParkFloridaUnited States
    Unlock103.1100.0
  103.0  Unlock100.0
    Unlock102.3100.0
  60.0  Unlock100.0
    Unlock$362,400$338,100
  105.5  Unlock100.0
    Unlock112.6100.0
  80.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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