Housing costs in Pensacola?
A typical home costs
$279,800, which is 17.2% less expensive than the national average of
$338,100 and 22.8% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Pensacola costs
$1,480 per month, which is 5.1% cheaper than the national average of
$1,560 and 20.9% more than the state average of
$1,170.
Can I afford Pensacola?
To live comfortably in Pensacola (zip 32508), Florida, a minimum annual income of
$53,640 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Pensacola?
The cost of living in 32508 Pensacola, FL is quite reasonable compared to other cities across the United States. Housing costs are relatively low, making it an affordable place to live for people on a budget. The median home cost in the area is around $140,000 and the median rent is about $1,100 per month. Utilities are also relatively inexpensive with average electric rates that are lower than the national average. Transportation costs are also low as there is easy access to public transportation and a variety of ride-hailing services. Overall, 32508 Pensacola, FL has a reasonable cost of living for anyone looking for an affordable place to call home.