Housing costs in Mayo?
A typical home costs
$206,000, which is 39.1% less expensive than the national average of
$338,100 and 43.2% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Mayo costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 71.4% cheaper than the state average of
$1,560.
Can I afford Mayo?
To live comfortably in Mayo, Florida, a minimum annual income of
$39,600 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Mayo?
Mayo, FL is known for its low cost of living. This small town has an affordable housing market with homes typically costing less than the national average. Additionally, the cost of groceries and other goods in Mayo is far lower than that of many nearby towns and cities, allowing locals to stretch their money farther. The local economy is based mainly on agriculture, forestry, and fishing industries, all of which help keep prices down in the area. Overall, Mayo offers a great balance between a high quality of life and affordability.