Cost of Living in Lake alfred, FL
Housing
The housing market plays a significant role in determining the cost of living in Lake alfred, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $295,000
- Average Rent (2 BR Apartment): $1777 per month
- Average Rent (2 BR House): $1931 per month
Analyzing the real estate data for Lake alfred, FL, the housing index is at an undefined level, which suggests fluctuations in the market or insufficient available data. However, the median home price stands at a relatively modest 295000. Given the lack of rental data, potential buyers may want to consider this attractive entry point for homeownership. It's essential to research local market trends, amenities, and future development plans in Lake alfred to ensure that this investment aligns with your personal and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake alfred, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $243 per month
Living in Lake alfred, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $243 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lake alfred is a financially viable option for your relocation.