Housing costs in Boca Raton?
A typical home costs
$910,700, which is 169.4% more expensive than the national average of
$338,100 and 151.3% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Boca Raton costs
$2,310 per month, which is 48.1% more than the national average of
$1,560 and 18.2% more than the state average of
$1,890.
Can I afford Boca Raton?
To live comfortably in Boca Raton (zip 33432), Florida, a minimum annual income of
$174,600 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Boca Raton?
The cost of living in 33432 Boca Raton, FL is relatively high compared to other parts of Florida. The median home cost in Boca Raton is $437,000 which is significantly higher than the national average of $219,700. Similarly, the overall cost of living index in Boca Raton is 132.5 which is much higher than the US average of 100. In addition to higher housing costs, other goods and services such as utilities, transportation and health care are also more expensive in Boca Raton. Despite this high cost of living, many people choose to live in this desirable area due to its excellent weather and abundance of recreational activities.