Housing costs in Canal Point?
A typical home costs
$184,700, which is 45.4% less expensive than the national average of
$338,100 and 49.0% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Canal Point 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 Canal Point?
To live comfortably in Canal Point, Florida, a minimum annual income of
$35,280 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Canal Point?
The cost of living in Canal Point, FL is fairly low. The median household income is around $33,000, and the median home price is just over $89,000. This is significantly lower than the national average for both categories. In addition, utilities are cheaper than the national average and there is no state income tax to worry about. All these benefits make Canal Point a great place to live without having to worry about high costs.