Housing costs in Southgate?
A typical home costs
$330,000, which is 2.4% less expensive than the national average of
$338,100 and 8.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Southgate costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 12.4% more than the state average of
$1,560.
Can I afford Southgate?
To live comfortably in Southgate, Florida, a minimum annual income of
$63,360 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Southgate?
The cost of living in Southgate, FL is relatively low compared to other areas of the state. Housing costs are moderately priced and the median home price is a very reasonable $125,000. Groceries, healthcare, and transportation are also quite affordable. The median household income in Southgate is slightly above the national average, which makes it even easier to afford living expenses. With its close proximity to larger cities like Tampa and Orlando, Southgate provides residents with convenient access to jobs and amenities while avoiding some of the costs associated with an urban lifestyle. All in all, Southgate offers a great quality of life at an affordable price.