Housing costs in Rainbow Lakes Estates?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Rainbow Lakes Estates costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 59.2% cheaper than the state average of
$1,560.
Can I afford Rainbow Lakes Estates?
To live comfortably in Rainbow Lakes Estates, Florida, a minimum annual income of
$21,240 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Rainbow Lakes Estates?
The cost of living in Rainbow Lakes Estates, FL is generally higher than the US average. This is largely due to the area's high median house value of $338,100 which is substantially greater than the national average. The increased cost of living covers a range of items from groceries to transportation to housing expenses. While it may be more expensive to live in Rainbow Lakes Estates, FL than other parts of the country, it comes with its own set of rewards including access to beautiful lakes and nature reserves as well as nearby amenities.