Zip 33503 (Balm, FL) Cost of Living


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How much do I need to live in Balm, Florida?
$6,750 / month
for a family, 25.0% more expensive than the national average A total of $81,000 for the year for a family.
$4,833 / month
for a single person, 1.4% more expensive than the national average A total of $58,000 for the year for a single person.

Balm cost of living score
104.2
More expensive
4.2% higher
than the US average
1.1% higher
than the Florida average
Balm (zip 33503), Florida gets a BestPlaces Cost of Living score of 104.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.2% higher than the U.S. average and 1.1% lower than the average for Florida.

Zip 33503 (Balm, FL)

Housing costs in Balm?
A typical home costs $423,200, which is 25.2% more expensive than the national average of $338,100 and 16.8% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Balm costs $1,740 per month, which is 11.5% more than the national average of $1,560 and 4.6% more than the state average of $1,660.

Can I afford Balm?
To live comfortably in Balm (zip 33503), Florida, a minimum annual income of $81,000 for a family, and $58,000 for a single person is recommended.

What does A.I. say about Balm?
The cost of living in 33503 Balm, FL is relatively low compared to other cities. The median home value is just over $200,000, which is much lower than the national average. In addition, the average monthly rent for a two-bedroom apartment in 33503 Balm is only around $1,300, making it an affordable option for those looking to buy or rent in the area. Groceries are also fairly inexpensive in this area and utilities are typically lower than most other parts of Florida. Overall, 33503 Balm offers an excellent quality of life at a very reasonable cost.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBalmFloridaUnited States
    Unlock103.1100.0
  104.7  Unlock100.0
    Unlock102.3100.0
  95.6  Unlock100.0
    Unlock$362,400$338,100
  97.9  Unlock100.0
    Unlock112.6100.0
  105.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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