Housing costs in Boca Raton?
A typical home costs
$682,900, which is 102.0% more expensive than the national average of
$338,100 and 88.4% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Boca Raton costs
$2,810 per month, which is 96.5% more than the national average of
$1,430 and 44.5% more than the state average of
$1,560.
Can I afford Boca Raton?
To live comfortably in Boca Raton (zip 33498), Florida, a minimum annual income of
$130,680 for a family, and
$92,000 for a single person is recommended.
What does A.I. say about Boca Raton?
The cost of living in 33498 Boca Raton, FL is notably higher than the national average. According to BestPlaces, the general cost of living index in this area is 31% higher than the overall U.S. average. Housing costs are especially high, with average rent prices for a 1 bedroom apartment estimated at $1,476 per month and an average home value of over $287,000. Groceries are also more expensive than the rest of the country, with food costing nearly 11% more on average. However, utilities are slightly cheaper in this part of Florida than other places in America.