Housing costs in Boca Raton?
A typical home costs
$609,300, which is 80.2% more expensive than the national average of
$338,100 and 68.1% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Boca Raton costs
$2,330 per month, which is 49.4% more than the national average of
$1,560 and 18.9% more than the state average of
$1,890.
Can I afford Boca Raton?
To live comfortably in Boca Raton (zip 33431), Florida, a minimum annual income of
$116,640 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about Boca Raton?
The cost of living in 33431 Boca Raton, FL is quite high. Housing costs are among the highest in the country, with median home prices at around $400,000. In addition, rental costs are also above average. The median rent for a one-bedroom apartment is around $1,500 a month. The overall cost of living is considered to be slightly more expensive than the U.S. average due to higher housing costs and other goods and services expenses. Despite this, Boca Raton remains an attractive place to live due to its warm weather, beautiful beaches and low crime rate.