Housing costs in Cypress Lake?
A typical home costs
$221,400, which is 34.5% less expensive than the national average of
$338,100 and 38.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cypress Lake costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 5.4% cheaper than the state average of
$1,560.
Can I afford Cypress Lake?
To live comfortably in Cypress Lake, Florida, a minimum annual income of
$42,480 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Cypress Lake?
The cost of living in Cypress Lake, FL is quite reasonable. Housing and groceries are far less expensive than the national average, with an overall cost of living index 8% below the US average. This makes it an attractive place to live for retirees and those looking for a more affordable lifestyle. Additionally, there are plenty of entertainment options that don't break the bank like nearby beaches, parks, lakes and local attractions. There is also no state income tax so residents get to keep more of their hard-earned money!