Housing costs in Islamorada?
A typical home costs
$829,500, which is 145.3% more expensive than the national average of
$338,100 and 128.9% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Islamorada costs
$3,930 per month, which is 151.9% more than the national average of
$1,560 and 48.6% more than the state average of
$2,020.
Can I afford Islamorada?
To live comfortably in Islamorada (zip 33070), Florida, a minimum annual income of
$158,760 for a family, and
$124,000 for a single person is recommended.
What does A.I. say about Islamorada?
The cost of living in Islamorada, FL 33070 is higher than the national average due to its desirable location close to the ocean and other amenities. Housing costs are especially high, with a median home price of $788,000. Groceries, utilities, and transportation costs all tend to be slightly above average as well. On the flip side, many residents enjoy an overall low tax burden and plentiful employment opportunities thanks to the town’s tourism-based economy. The local cost of living may be higher than other areas of Florida or the country as a whole, but given the quality of life that comes along with it, most locals would agree that it is well worth it!