Housing costs in Key West?
A typical home costs
$918,100, which is 171.5% more expensive than the national average of
$338,100 and 153.3% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Key West costs
$4,000 per month, which is 156.4% more than the national average of
$1,560 and 49.5% more than the state average of
$2,020.
Can I afford Key West?
To live comfortably in Key West (zip 33040), Florida, a minimum annual income of
$176,040 for a family, and
$126,400 for a single person is recommended.
What does A.I. say about Key West?
The cost of living in 33040 Key West, FL is surprisingly affordable. The overall cost of living index is 19% below the national average, making it a great place to live for those looking for a more affordable option. Rent and groceries are well below the national average, with some essentials even cheaper than elsewhere in Florida. Utilities and transportation costs are both higher than the national average, but still within manageable limits for most people. All in all, Key West is an ideal place to live if you're looking for an affordable lifestyle without sacrificing too much comfort or convenience.