Housing costs in Gibsonton?
A typical home costs
$328,200, which is 2.9% less expensive than the national average of
$338,100 and 9.4% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Gibsonton costs
$1,510 per month, which is 5.6% more than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,560.
Can I afford Gibsonton?
To live comfortably in Gibsonton, Florida, a minimum annual income of
$63,000 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Gibsonton?
Gibsonton, FL is well known for its relatively low cost of living. According to BestPlaces, the city’s cost of living index is 16.39% lower than the US national average. This means that the cost of basic items such as groceries and utilities are much lower than in other cities. The median home cost in Gibsonton is significantly lower than the US median, sitting at around $164,100 compared to the US median of $231,200. Renters can find reasonably priced apartments for around $1,000 per month while groceries are quite affordable with a monthly grocery bill estimated to be between $270 and $400. Other costs such as transportation and healthcare are also quite reasonable when compared to other cities making Gibsonton an attractive option for those looking for a low cost of living without sacrificing amenities or lifestyle options.