Housing costs in Indian River?
A typical home costs
$363,600, which is 7.5% more expensive than the national average of
$338,100 and 0.3% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Indian River costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 23.8% cheaper than the state average of
$1,560.
Can I afford Indian River?
To live comfortably in Indian River Flor County, Florida, a minimum annual income of
$69,840 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Indian River?
Living in Indian River, FL County is very affordable compared to the national average. The median house value in the county is $363,600, which is significantly lower than the US national average of $338,100. Additionally, the cost of living index in Indian River County is 96.8, which is below the US average of 100. This means that residents can enjoy a higher quality of life while spending less money on basic necessities such as housing and groceries. In summary, with its lower cost of living and higher quality of life, Indian River County is an attractive place to live.