Housing costs in Lake Placid?
A typical home costs
$246,300, which is 27.2% less expensive than the national average of
$338,100 and 32.0% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Placid costs
$960 per month, which is 38.5% cheaper than the national average of
$1,560 and 4.2% cheaper than the state average of
$1,000.
Can I afford Lake Placid?
To live comfortably in Lake Placid (zip 33852), Florida, a minimum annual income of
$47,160 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Lake Placid?
Living in 33852 Lake Placid, FL is relatively affordable. According to BestPlaces's Cost of Living Index, the cost of living there is 11% lower than the U.S. average. The overall cost of living index including rent, groceries, and transportation is 24% lower than the U.S national average. There are also several low-cost housing options available in the area for those looking for a more budget-friendly option. Additionally, utility costs like electricity and water are relatively low compared to other areas in the state; this makes it a great place to live for anyone on a tight budget.