Housing costs in Florence?
A typical home costs
$604,700, which is 78.9% more expensive than the national average of
$338,100 and 36.9% more expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Florence costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 21.4% more than the state average of
$990.
Can I afford Florence?
To live comfortably in Florence, Montana, a minimum annual income of
$115,920 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Florence?
The cost of living in Florence, MT is generally lower than other areas in the nation. According to data compiled by Sperling's Best Places, the cost of living index for Florence is 87.5, which is 13.5 points lower than the national average. This means that basic expenses such as groceries, utilities, and healthcare costs are significantly lower than most places in the country. Additionally, housing costs are also much more affordable than other regions with a median home value of $151,300. All in all, the cost of living in Florence is much more reasonable than other cities and towns across America.