Zip 33438 (Canal Point, FL) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Canal Point, Florida?
$3,120 / month
for a family, 42.2% less expensive than the national average A total of $37,440 for the year for a family.
$2,767 / month
for a single person, 42.0% less expensive than the national average A total of $33,200 for the year for a single person.

Canal Point cost of living score
114.1
More expensive
14.1% higher
than the US average
10.7% higher
than the Florida average
Canal Point (zip 33438), Florida gets a BestPlaces Cost of Living score of 114.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% higher than the U.S. average and 10.7% lower than the average for Florida.

Zip 33438 (Canal Point, FL)

Housing costs in Canal Point?
A typical home costs $194,600, which is 42.4% less expensive than the national average of $338,100 and 46.3% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Canal Point costs $1,020 per month, which is 34.6% cheaper than the national average of $1,560 and 85.3% cheaper than the state average of $1,890.

Can I afford Canal Point?
To live comfortably in Canal Point (zip 33438), Florida, a minimum annual income of $37,440 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Canal Point?
The cost of living in 33438 Canal Point, FL is relatively low compared to other parts of the country. The median home price in this area is around $120,000, which is substantially lower than the national average. Additionally, the median household income in this area is around $41,500. This means that households earn enough to cover their expenses while still having some leftover for savings or fun activities. Furthermore, the sales tax rate in this area is just 6%, which is lower than many other areas in Florida and across the country. Overall, living in 33438 Canal Point, FL can be an affordable option for individuals or families looking for a place to call home without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCanal PointFloridaUnited States
    Unlock103.1100.0
  99.3  Unlock100.0
    Unlock102.3100.0
  51.8  Unlock100.0
    Unlock$362,400$338,100
  93.9  Unlock100.0
    Unlock112.6100.0
  108.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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