Housing costs in Cottondale?
A typical home costs
$126,500, which is 62.6% less expensive than the national average of
$338,100 and 65.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cottondale costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 95.0% cheaper than the state average of
$1,560.
Can I afford Cottondale?
To live comfortably in Cottondale, Florida, a minimum annual income of
$24,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Cottondale?
The cost of living in Cottondale, FL is relatively low compared to other areas in the state, and even the rest of the country. The median home price in Cottondale is just over $100,000, while the median household income is around $49,000. This makes it an affordable place for potential homeowners to consider when looking at buying property. Additionally, housing costs are much lower than nearby cities such as Pensacola and Tallahassee. Groceries and transportation costs tend to be below average as well. All in all, Cottondale can certainly be a great option for those looking for a more relaxed lifestyle while still maintaining affordability.