Housing costs in Shalimar?
A typical home costs
$380,500, which is 12.5% more expensive than the national average of
$338,100 and 5.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Shalimar costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 7.6% cheaper than the state average of
$1,560.
Can I afford Shalimar?
To live comfortably in Shalimar, Florida, a minimum annual income of
$73,080 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Shalimar?
The cost of living in Shalimar, FL is relatively low. The median household income in Shalimar is $62,171, which is about 12% lower than the average for the rest of Florida. The housing market, however, remains affordable. The median home value is just $182,100 and the median gross rent is $1,058 per month. The overall cost of living is also much lower than other cities nearby with groceries being 10% less expensive and utilities being 15% less expensive . This makes Shalimar a great place to live for those looking for an affordable lifestyle while still enjoying the beautiful beaches and attractions nearby.