Zip 34453 (Inverness, FL) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Inverness, Florida?
$3,840 / month
for a family, 28.9% less expensive than the national average A total of $46,080 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Inverness cost of living score
87.8
Less expensive
12.2% lower
than the US average
14.8% lower
than the Florida average
Inverness (zip 34453), Florida gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 14.8% lower than the average for Florida.

Zip 34453 (Inverness, FL)

Housing costs in Inverness?
A typical home costs $241,000, which is 28.7% less expensive than the national average of $338,100 and 33.5% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Inverness costs $1,010 per month, which is 35.3% cheaper than the national average of $1,560 and 4.0% more than the state average of $970.

Can I afford Inverness?
To live comfortably in Inverness (zip 34453), Florida, a minimum annual income of $46,080 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Inverness?
The cost of living in Inverness, FL (34453) is quite affordable compared to many other areas in the US. The median home value is $154,100, which is lower than the national average. Additionally, the median monthly rent for a 1 bedroom apartment is only $731 and the cost of living index is about 15% lower than the US average. There are also numerous jobs available with an unemployment rate of around 3%. Overall, Inverness offers a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesInvernessFloridaUnited States
    Unlock103.1100.0
  101.8  Unlock100.0
    Unlock102.3100.0
  61.3  Unlock100.0
    Unlock$362,400$338,100
  107.4  Unlock100.0
    Unlock112.6100.0
  81.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.