Housing costs in Homestead?
A typical home costs
$547,300, which is 61.9% more expensive than the national average of
$338,100 and 51.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Homestead costs
$1,580 per month, which is 1.3% more than the national average of
$1,560 and 19.6% cheaper than the state average of
$1,890.
Can I afford Homestead?
To live comfortably in Homestead (zip 33039), Florida, a minimum annual income of
$104,760 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Homestead?
The cost of living in 33039 Homestead, FL is relatively low compared to other parts of the country. The median home price in this area is around $142,000, which is significantly less than the national average. Renting a one-bedroom apartment can range from about $700 per month for an older apartment to upwards of $1,000 per month for newer units. Grocery and utility costs are also lower than the national average, with monthly grocery bills averaging around $250-$300 and utilities ranging from around $30 - $50 each month. Overall, it's quite affordable to live in 33039 Homestead, FL!