Florida has some of the most affordable places to live in America, according to HomeSnacks. That’s good news for those looking to relocate and find a place with a lower cost of living, but who also want to stay in the Sunshine State.
HomeSnacks recently put together a list of the 10 most affordable places to live in Florida. To determine the cities, they looked at the U.S. Census and the cost of living data for Nevada. They especially looked at home and rental prices in places with more than 1,000 residents.
“No wonder Florida is known as a retirement state. Everyone knows that Florida has something special so why not spend your retirement someplace beautiful,” HomeSnacks says. “But Florida doesn’t just have the weather, the beaches, and Disney World going for it. It also has one massive asset, which is its affordability. Florida is cheap. This southern state has got it all and it won’t leave you penniless.”
Florida: Most Affordable Place – The Verdict
So, what’s the No. 1 most affordable city to live in Florida? According to this study, it’s Live Oak, with a population of 6,929. It was also No. 1 last year. HomeSnacks says, “Where Alligator HWY 90 meets Alligator HWY 129 is our most affordable city in Florida for 2022, Live Oak. Located in northern Florida, agriculture, timber, and technology have been keeping the economy in this little Suwannee County city moving in right direction.” They add that the median income is around $44,505 with average home prices around $96,700. HomeSnacks adds, “So it’s no surprise that Live Oak scored off our charts in terms of snackability. They are the fourth most affordable city when we looked at home price to income ratio.” Find the full list of the most affordable places to live in Florida according to HomeSnacks here. Who knows? Maybe you’ll find your next dream city on the list.