Housing costs in Palmetto?
A typical home costs
$368,000, which is 8.8% more expensive than the national average of
$338,100 and 1.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Palmetto costs
$1,490 per month, which is 4.5% cheaper than the national average of
$1,560 and 6.7% cheaper than the state average of
$1,590.
Can I afford Palmetto?
To live comfortably in Palmetto (zip 34221), Florida, a minimum annual income of
$70,560 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Palmetto?
The cost of living in 34221 Palmetto, FL is relatively affordable compared to other areas of the state. The median home value is just over $184,000, which is much lower than the national average and many other states in the region. Additionally, the cost of groceries and healthcare are both below average when compared to a number of other U.S. cities. There are also reasonable costs associated with utilities, transportation and entertainment. This makes it an ideal location for those looking for an affordable place to live without sacrificing quality of life.