Housing costs in Lake City?
A typical home costs
$188,500, which is 44.2% less expensive than the national average of
$338,100 and 48.0% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake City costs
$930 per month, which is 40.4% cheaper than the national average of
$1,560 and close to the state average of
$920.
Can I afford Lake City?
To live comfortably in Lake City (zip 32055), Florida, a minimum annual income of
$36,000 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Lake City?
The cost of living in Lake City, FL (zip code 32055) is quite reasonable compared to other parts of the country. The median home cost is around $154,000, which is much lower than the national average. Renters can expect to pay an average of $804 per month for a one bedroom apartment and $962 per month for a two bedroom apartment. Groceries, transportation, health care, and utilities are also lower than the national median. Overall, Lake City offers a comfortable standard of living at an affordable price.