Housing costs in Pensacola?
A typical home costs
$249,100, which is 26.3% less expensive than the national average of
$338,100 and 31.3% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Pensacola 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 Pensacola?
To live comfortably in Pensacola (zip 32504), Florida, a minimum annual income of
$47,880 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Pensacola?
The cost of living in 32504 Pensacola, FL is overall affordable. According to the Best Places website, the median home cost in the area is $205,100 and the median household income is $50,092. This means that housing costs are relatively low compared to other parts of the country. Additionally, basic necessities such as food and transportation are also reasonably priced in this area. The average grocery bill is about 14% lower than the U.S. average and gas prices tend to be a few cents below national averages as well. All these factors make 32504 Pensacola, FL an attractive location for individuals looking for an affordable way of life without sacrificing quality of life.