Housing costs in Midway?
A typical home costs
$235,100, which is 30.5% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Midway costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 44.4% cheaper than the state average of
$1,560.
Can I afford Midway?
To live comfortably in Midway, Florida, a minimum annual income of
$45,000 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Midway?
The cost of living in Midway, FL is quite manageable. The median home price in the area is $87,962, which is 13 percent lower than the state average. In addition, the monthly median rent in Midway comes to $851, making it an affordable place to live for those on a budget. The overall cost of living index for Midway is at 89.3 compared to the national average of 100, meaning that everyday expenses are more than 10 percent less than the rest of the country. This makes Midway an ideal city for those looking to save money while still having access to all of the great amenities and attractions it has to offer.