Housing costs in East Lake?
A typical home costs
$525,200, which is 55.3% more expensive than the national average of
$338,100 and 44.9% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in East Lake costs
$2,460 per month, which is 57.7% more than the national average of
$1,560 and 32.5% more than the state average of
$1,660.
Can I afford East Lake?
To live comfortably in East Lake (zip 34688), Florida, a minimum annual income of
$100,800 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about East Lake?
The cost of living in 34688 East Lake, FL is relatively affordable. The median home price for the area is $210,307, which is much lower than the state average of $332,400. The median household income in the area is also lower than the state average at $68,846. However, food and transportation costs are less expensive than other parts of Florida. Additionally, property tax rates are very low compared to the rest of the state at 0.64%. As a result, residents are able to live comfortably with their discretionary income while still taking advantage of all that Florida has to offer.