Housing costs in Pensacola?
A typical home costs
$240,800, which is 28.8% less expensive than the national average of
$338,100 and 33.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Pensacola costs
$940 per month, which is 39.7% cheaper than the national average of
$1,560 and 24.5% cheaper than the state average of
$1,170.
Can I afford Pensacola?
To live comfortably in Pensacola (zip 32501), Florida, a minimum annual income of
$46,080 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Pensacola?
The cost of living in 32501 Pensacola, FL is generally considered to be relatively low when compared to other areas in the United States. According to BestPlaces’s cost of living index, Pensacola offers prices that are 36.55% lower than the national average. In terms of housing costs, rent for a one-bedroom apartment in the city center can range from $650-$850 per month while outside of the city rent may start at $400. Groceries and restaurants are also reasonably priced with meals out at mid-range establishments costing around $15 per person on average. Utility bills are also below the national average with electricity costing an estimated 11.76 cents per kWh and internet starting at $62.99 per month for basic speeds. Overall, 32501 Pensacola provides a great quality of life with a low cost of living making it an appealing place to live for those looking for affordability or an inexpensive vacation spot.