Housing costs in Cedar Key?
A typical home costs
$349,800, which is 3.5% more expensive than the national average of
$338,100 and 3.5% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cedar Key costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 67.7% cheaper than the state average of
$1,560.
Can I afford Cedar Key?
To live comfortably in Cedar Key (zip 32625), Florida, a minimum annual income of
$66,960 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Cedar Key?
Living in 32625 Cedar Key, FL is relatively affordable compared to many other parts of the United States. According to Best Places, the cost of living index for this area is 89.9, which makes it 11% lower than the national average. This means that goods and services, such as housing and grocery items, are generally less expensive here than they would be in other parts of the country. Additionally, property and rental prices tend to be quite low compared to nearby areas, making Cedar Key a great place for those looking for an affordable place to call home.