Housing costs in Myrtle Grove?
A typical home costs
$280,600, which is 17.0% less expensive than the national average of
$338,100 and 22.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Myrtle Grove costs
$1,130 per month, which is 27.6% cheaper than the national average of
$1,560 and 3.5% cheaper than the state average of
$1,170.
Can I afford Myrtle Grove?
To live comfortably in Myrtle Grove (zip 32511), Florida, a minimum annual income of
$53,640 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Myrtle Grove?
The cost of living in 32511 Myrtle Grove, FL is relatively low compared to the national average. The median home value comes in at about $126,700, with a median rental rate of $1,136 per month. In addition, groceries and other items are very affordable due to the area's lower prices. The overall cost of living index is 87, which is 13 points lower than the national average. This means that basic necessities such as food and housing are much more reasonably priced in 32511 Myrtle Grove than most other areas around the country. Overall, this makes it an attractive option for people looking to move somewhere with a lower cost of living.