Housing costs in Lake Mary?
A typical home costs
$426,100, which is 26.0% more expensive than the national average of
$338,100 and 17.6% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Mary costs
$1,910 per month, which is 33.6% more than the national average of
$1,430 and 18.3% more than the state average of
$1,560.
Can I afford Lake Mary?
To live comfortably in Lake Mary, Florida, a minimum annual income of
$81,720 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about Lake Mary?
The cost of living in Lake Mary, FL is relatively high compared to other parts of the state. The median home price is approximately $330,000 and the median rent is about $1,800 per month. Despite the higher costs associated with living in Lake Mary, there are many amenities that make it worth it for those who can afford to live there. The city offers plenty of shopping options and excellent restaurants. There are plenty of outdoor activities available as well, due to its close proximity to many local lakes, forests, and parks. In addition to this, there are a number of highly regarded schools and universities nearby making the cost of living in Lake Mary an attractive option for families and college students alike.