Housing costs in Lake Panasoffkee?
A typical home costs
$211,700, which is 37.4% less expensive than the national average of
$338,100 and 41.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Panasoffkee costs
$980 per month, which is 37.2% cheaper than the national average of
$1,560 and 11.2% cheaper than the state average of
$1,090.
Can I afford Lake Panasoffkee?
To live comfortably in Lake Panasoffkee (zip 33538), Florida, a minimum annual income of
$40,680 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Lake Panasoffkee?
The cost of living in 33538 Lake Panasoffkee, FL is quite affordable. According to the most recent data, the overall cost of living index in this area is approximately 9% lower than the national average. This means that residents can enjoy a significantly lower cost of goods and services when compared to other places around the country. Additionally, housing costs are extremely affordable due to the abundance of real estate options here. While property taxes are somewhat higher than some other parts of Florida, they are still relatively low compared to the rest of the United States. All in all, Lake Panasoffkee provides a great opportunity for individuals looking for an affordable place to live with plenty of outdoor activities and recreation options nearby.