Housing costs in Orchid?
A typical home costs
$1,773,800, which is 424.6% more expensive than the national average of
$338,100 and 389.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Orchid costs
$1,850 per month, which is 29.4% more than the national average of
$1,430 and 15.7% more than the state average of
$1,560.
Can I afford Orchid?
To live comfortably in Orchid, Florida, a minimum annual income of
$339,840 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about Orchid?
The cost of living in Orchid, FL is relatively low compared to other parts of the country. The average home price in Orchid is well under $200,000 and the median rental rate for a two-bedroom apartment is around $1,000. Furthermore, the cost of utilities like gas and electric are below the national average. The sales tax rate is also lower than many other states at just six percent. All these factors make Orchid a very affordable place to live.