Housing costs in Lake City?
A typical home costs
$203,700, which is 39.8% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake City costs
$940 per month, which is 39.7% cheaper than the national average of
$1,560 and 2.1% more than the state average of
$920.
Can I afford Lake City?
To live comfortably in Lake City (zip 32025), Florida, a minimum annual income of
$38,880 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lake City?
The cost of living in 32025 Lake City, FL is relatively low compared to the rest of the US. The median home value is $89,400, much lower than the national median home value of $231,200. Additionally, the median monthly housing costs are only $652 for those with mortgages and $455 for those without a mortgage. Other housing related costs are also quite reasonable when compared to the US average. The median rental rate for a two-bedroom apartment is $655 per month and groceries cost an average of 15% lower than other cities throughout the US. Overall, living in 32025 Lake City makes it easy on your wallet as you can get more for your money while still enjoying all that this charming small town has to offer.