Housing costs in West Melbourne?
A typical home costs
$411,200, which is 21.6% more expensive than the national average of
$338,100 and 13.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in West Melbourne costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 8.8% more than the state average of
$1,560.
Can I afford West Melbourne?
To live comfortably in West Melbourne, Florida, a minimum annual income of
$78,840 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about West Melbourne?
West Melbourne, FL is an affordable place to live with a cost of living which is 7% lower than the Florida average and 10% lower than the national average. Rent prices in West Melbourne are much lower than other cities nearby, but still offer plenty of amenities such as shopping, restaurants, and entertainment. The median home value is just over $160,000, making it a great place for people looking for an affordable starter home. Overall, West Melbourne is a great option for those looking for an affordable and comfortable lifestyle without sacrificing quality or convenience.