Housing costs in Lakewood Park?
A typical home costs
$188,800, which is 44.2% less expensive than the national average of
$338,100 and 47.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lakewood Park costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 30.0% cheaper than the state average of
$1,560.
Can I afford Lakewood Park?
To live comfortably in Lakewood Park, Florida, a minimum annual income of
$36,000 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Lakewood Park?
The cost of living in Lakewood Park, FL is relatively low compared to other parts of the country. The median home price in the area is around $135,000, making it an affordable option for people looking for a place to call home. Additionally, there are no state income taxes, and the sales tax rate is 6%. Furthermore, utilities in Lakewood Park tend to be lower than average for Florida. Lastly, groceries and dining out are generally very affordable in the area. All of these factors make Lakewood Park an appealing place to live at a relatively low cost.