Housing costs in Merritt Island?
A typical home costs
$442,000, which is 30.7% more expensive than the national average of
$338,100 and 22.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Merritt Island costs
$1,400 per month, which is 10.3% cheaper than the national average of
$1,560 and close to the state average of
$1,380.
Can I afford Merritt Island?
To live comfortably in Merritt Island (zip 32952), Florida, a minimum annual income of
$84,600 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Merritt Island?
The cost of living in 32952 Merritt Island, FL is relatively high compared to the national average. It has a higher than average housing cost and transportation cost due to its location on the coast. The median home value in 32952 is around $355,000, while the median rent price for a two-bedroom apartment is about $1,500 per month. In addition, the average cost of groceries is slightly higher than other areas in Florida due to its coastal location. Despite these costs, many people still choose to live in this area for its beautiful beaches and access to nearby cities like Orlando and Cape Canaveral. Overall, living in Merritt Island can be expensive but it’s worth every penny for those who want access to exciting activities and stunning views!