Housing costs in Inverness Highlands South?
A typical home costs
$168,400, which is 50.2% less expensive than the national average of
$338,100 and 53.5% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Inverness Highlands South costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 57.6% cheaper than the state average of
$1,560.
Can I afford Inverness Highlands South?
To live comfortably in Inverness Highlands South, Florida, a minimum annual income of
$32,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Inverness Highlands South?
The cost of living in Inverness Highlands South, FL is quite reasonable. The median home value for the area is just over $126,000, making it an affordable place to purchase a home. Groceries are also reasonably priced, and the sales tax rate of 6.5% is low compared to other states in the US. Utility costs tend to be more expensive due to its rural location but with the natural beauty of this area, most people would agree that it's worth it! Overall, Inverness Highlands South makes for an affordable place to live and raise a family.