Housing costs in Ocala?
A typical home costs
$292,700, which is 13.4% less expensive than the national average of
$338,100 and 19.2% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Ocala costs
$1,360 per month, which is 12.8% cheaper than the national average of
$1,560 and 16.9% more than the state average of
$1,130.
Can I afford Ocala?
To live comfortably in Ocala (zip 34474), Florida, a minimum annual income of
$56,160 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Ocala?
The cost of living in 34474 Ocala, FL is relatively low and affordable. According to the BestPlaces Bureau, the median home value in this area is $125,000 which is well below the national median of $224,800. Additionally, rent prices are also significantly lower than most parts of the country with a median rent price of just $890 per month compared to the national median of $1,300 per month. Groceries and utilities are also quite affordable with grocery costs being 8% lower than the U.S. average and utility costs being 12% lower than the U.S. average. Overall, 34474 Ocala, FL is an excellent place to live that has a much lower cost of living than many other parts of the country.