Zip 32346 (Panacea, FL) Cost of Living


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How much do I need to live in Panacea, Florida?
$6,090 / month
for a family, 12.8% more expensive than the national average A total of $73,080 for the year for a family.
$4,800 / month
for a single person, 0.7% more expensive than the national average A total of $57,600 for the year for a single person.

Panacea cost of living score
92.9
Less expensive
7.1% lower
than the US average
9.9% lower
than the Florida average
Panacea (zip 32346), Florida gets a BestPlaces Cost of Living score of 92.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.1% lower than the U.S. average and 9.9% lower than the average for Florida.

Zip 32346 (Panacea, FL)

Housing costs in Panacea?
A typical home costs $380,900, which is 12.7% more expensive than the national average of $338,100 and 5.1% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Panacea costs $1,650 per month, which is 5.8% more than the national average of $1,560 and 29.1% more than the state average of $1,170.

Can I afford Panacea?
To live comfortably in Panacea (zip 32346), Florida, a minimum annual income of $73,080 for a family, and $57,600 for a single person is recommended.

What does A.I. say about Panacea?
Living in 32346 Panacea, FL is quite affordable for anyone looking for an escape from the hustle and bustle of city life. With a median home price of just $151,000, it's easy to find a great place at a great price. Additionally, the cost of living is well below the national average. Groceries, utilities, transportation, and healthcare are all affordable when living in Panacea. Furthermore, property taxes are low compared to other areas around the state. All in all, Panacea is an excellent option for those looking to enjoy some coastal Florida living without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPanaceaFloridaUnited States
    Unlock103.1100.0
  101.9  Unlock100.0
    Unlock102.3100.0
  102.6  Unlock100.0
    Unlock$362,400$338,100
  111.0  Unlock100.0
    Unlock112.6100.0
  79.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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