Housing costs in Lake Butler?
A typical home costs
$250,900, which is 25.8% less expensive than the national average of
$338,100 and 30.8% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Butler costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 69.6% cheaper than the state average of
$1,560.
Can I afford Lake Butler?
To live comfortably in Lake Butler, Florida, a minimum annual income of
$48,240 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Lake Butler?
The cost of living in Lake Butler, FL is relatively low compared to other areas in the state. This small town offers its residents an affordable place to live with a median home price of $97,000. Additionally, the average monthly rent is around $650, which makes it an attractive option for those wanting to save money on housing costs. The overall cost of groceries and utilities are also lower than most surrounding areas. All in all, Lake Butler is an ideal destination for those looking for an affordable lifestyle while still being close to larger cities like Gainesville and Jacksonville.