Housing costs in Cape Canaveral?
A typical home costs
$362,300, which is 7.2% more expensive than the national average of
$338,100 and 0.0% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cape Canaveral costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 40.5% cheaper than the state average of
$1,560.
Can I afford Cape Canaveral?
To live comfortably in Cape Canaveral, Florida, a minimum annual income of
$69,480 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Cape Canaveral?
The cost of living in Cape Canaveral, FL is quite reasonable. According to the researched statistics from the US Census Bureau, the median housing costs for a single family home in the area is around $227,000, which is below the national median of $231,000. The median household income for this city is approximately $41,750 per year, providing families with a comfortable standard of living; however, prices and wages vary depending on the job and industry. On average, groceries and utilities are slightly more expensive than other cities across Florida due to its location right off the coast. Despite that, residents can still find affordable places to live and many enjoy living in the relatively safe community with beautiful beaches nearby.