Housing costs in Lake?
A typical home costs
$358,200, which is 5.9% more expensive than the national average of
$338,100 and 1.2% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake costs
$1,620 per month, which is 13.3% more than the national average of
$1,430 and 3.7% more than the state average of
$1,560.
Can I afford Lake?
To live comfortably in Lake Flor County, Florida, a minimum annual income of
$68,760 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Lake?
Lake, FL County has a cost of living index of 100.7, which is slightly higher than the US average of 100. This indicates that the cost of living in Lake is slightly more expensive than the US average – although the difference is minor. The median value for a house in Lake, FL County is $358,200, which is much higher than the US average of $338,100. This suggests that while residents might have to pay more for everyday items due to the cost of living index, they can benefit from higher property values.