Housing costs in Lake Wales?
A typical home costs
$236,500, which is 30.1% less expensive than the national average of
$338,100 and 34.7% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lake Wales costs
$1,030 per month, which is 34.0% cheaper than the national average of
$1,560 and 12.6% cheaper than the state average of
$1,160.
Can I afford Lake Wales?
To live comfortably in Lake Wales (zip 33898), Florida, a minimum annual income of
$45,360 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Lake Wales?
Living in 33898 Lake Wales, FL is very affordable. The median home price is around $119,000, which is well below the national average. The cost of living in Lake Wales is also quite low. Groceries, transportation, and other basic necessities are all significantly less expensive than the national average. Additionally, utilities such as electricity and water are far more affordable than in other parts of the country. All in all, living in 33898 Lake Wales, FL can be a great option for someone looking for an affordable place to live with a great quality of life.