Zip 34488 (Silver Springs, FL) Cost of Living


1 Reviews



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United States / Florida / Ocala Metro Area / Marion County / No City / Silver Springs (zip 34488)
How much do I need to live in Silver Springs, Florida?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 for the year for a family.
$2,767 / month
for a single person, 42.0% less expensive than the national average A total of $33,200 for the year for a single person.

Silver Springs cost of living score
87
Less expensive
13.0% lower
than the US average
15.6% lower
than the Florida average
Silver Springs (zip 34488), Florida gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 15.6% lower than the average for Florida.

Zip 34488 (Silver Springs, FL)

Housing costs in Silver Springs?
A typical home costs $173,300, which is 48.7% less expensive than the national average of $338,100 and 52.2% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Silver Springs costs $1,020 per month, which is 28.7% cheaper than the national average of $1,430 and 52.9% cheaper than the state average of $1,560.

Can I afford Silver Springs?
To live comfortably in Silver Springs (zip 34488), Florida, a minimum annual income of $33,120 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Silver Springs?
The cost of living in 34488 Silver Springs, FL is relatively low compared to other states in the US. The median home value is around $136,000, which is significantly below the national median of $219,700. Additionally, transportation costs are lower than average due to the presence of multiple carpool and public transportation options. Groceries also tend to be relatively cheap when compared to other parts of the country. All in all, living in 34488 Silver Springs can provide a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSilver SpringsFloridaUnited States
    Unlock103.1100.0
  96.0  Unlock100.0
    Unlock102.3100.0
  44.2  Unlock100.0
    Unlock$362,400$338,100
  106.8  Unlock100.0
    Unlock112.6100.0
  79.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Silver Springs
    See all (1)

Over 4 years ago

I've lived here since 1989. It is less expensive to live here, I thought it would be a good place to raise children, I was wrong. The first 10 years it was like a very  More

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