Housing costs in Malabar?
A typical home costs
$493,000, which is 45.8% more expensive than the national average of
$338,100 and 36.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Malabar costs
$1,670 per month, which is 7.1% more than the national average of
$1,560 and 17.4% more than the state average of
$1,380.
Can I afford Malabar?
To live comfortably in Malabar (zip 32950), Florida, a minimum annual income of
$94,320 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Malabar?
The cost of living in 32950 Malabar, FL is relatively low compared to other areas in the United States. According to Sperling's Best Places, the average home price in this area is $222,000 and the cost of living index is 95.7, which means it is 4.3% lower than the national average. Rent prices are also below average at $1,050 for a two-bedroom apartment. Groceries and other basic necessities are also inexpensive compared to other locations around the country. Overall, Malabar offers an affordable quality of life for those looking to live close to the ocean or want some peace and quiet near nature preserves and beaches.