Housing costs in Mount Carmel?
A typical home costs
$204,500, which is 39.5% less expensive than the national average of
$338,100 and 43.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Mount Carmel costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 43.1% cheaper than the state average of
$1,560.
Can I afford Mount Carmel?
To live comfortably in Mount Carmel, Florida, a minimum annual income of
$39,240 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Mount Carmel?
The cost of living in Mount Carmel, FL is generally quite affordable. The median home value is around $76,000, which is well below the national average of $181,200. Additionally, housing costs are quite low in this area, with the median rent being just $871 per month. Residents also benefit from low taxes; there is no state income tax and local property taxes are among the lowest in Florida. Utilities like gas and electricity are also relatively inexpensive here. All in all, Mount Carmel offers residents a high quality of life at an affordable price point.