Housing costs in Cloud Lake?
A typical home costs
$222,400, which is 34.2% less expensive than the national average of
$338,100 and 38.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cloud Lake costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and 9.8% more than the state average of
$1,560.
Can I afford Cloud Lake?
To live comfortably in Cloud Lake, Florida, a minimum annual income of
$42,480 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Cloud Lake?
The cost of living in Cloud Lake, FL is relatively low compared to other areas in the state. On average, rent and mortgage costs are lower than in other cities, and groceries and utilities tend to be more affordable. The overall cost of living index is 83.6, which is 17.4 points below the national average. This makes it an attractive option for those who don’t want to break their budget but still want to live comfortably. Additionally, the taxes are fairly low for both residents and businesses too. All these factors combine to make Cloud Lake an excellent choice for anyone looking for a place to call home at a reasonable price.