Known as the 'Waterfront Wonderland,' Cape Coral has more than 400 miles of canals, making it one of the cities with… Florida is cheap. Population: 6,966 Probably. We think that makes Quincy truly hip; and thus, affordable. The cheapest places to live may not actually have much to offer, besides a low house payment. No matter where you end up with these top 10, you know you will have one thing: a bank that isn't broke. Look no further for oceans, community, a quiet and scenic home base and an easy way of life. Rank Last Year: 12 (Up 4) Here's where you can pick apples in every state. They scored an overall 8/10 for affordability. More On Dade City: Real Estate | Crime Rate | Cost Of Living. © 2015-2020 Chasing Chains, LLC. Kissimmee is in a prime location for entertainment, outdoor recreation and plenty of places to wine and dine. Rank Last Year: 1 (No Change) If you want to live near Georgia, but not in it, then you've got Fort Meade, Live Oak, and Macclenny. Additionally, Gainesville is great for families and has one of the best school systems in the state. More On Macclenny: Real Estate | Cost Of Living. Located in northern Florida, agriculture, timber, and technology have been keeping the economy in this little Suwannee County city moving in right direction. There has been a continuing expansion of museums and theaters, as well as the preservation of historical landmarks like Ginnie Springs, one of the clearest springs in all of Florida. Courtesy of Steve Harwood under a CC 4.0 license. The best part? We then leverage that expertise to develop city rankings for a range of topics including small towns, college towns and our annual Top 100 Best Places to Live. The unemployment rate sits at 13.0%. Located in the Tampa Bay area, Dade city ranks as the eighth most affordable place in Florida. The rent in Milton is a bit pricier, with a median price of $1,030, but it's still way cheaper than the statewide average. Even though Gainesville offers a variety of higher education institutes, entertainment amenities and a great economy, the city won't break the bank with the median home price just at $185,000. Home is where the heart is, so here are reasons why these six cities in Florida will steal your heart. Rank Last Year: 16 (Up 6) Affordability = happiness. Either way, Quincy, you are 'The Heart of Florida's Future.'. Ready to live out your basic fall dreams? Here's a look at the most expensive cities in Florida according to the data: Chris Kolmar has been in the real estate business for almost ten years now. fifth fastest growing state in the country, Census American Community Survey 2014-2018, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). Income To Rent Ratio: 54.2x (50th cheapest) Home Price To Income Ratio: 2.7x (22nd most affordable) Home Price: $164,100 median purchase price; $941 median … Obviously, New York is the Big Apple and California has the company Apple, so why is Florida so famous? You don't have to spend big money to have fun in Cape Coral and the city is full of many amenities for residents to enjoy, including Cape Coral Yacht Club, the Southwest Florida Military Museum & Library, Cape Coral Farmer's Market and Useppa Island, an upscale resort. Home to a state park and multiple swimming springs, you don't have to pay a dime to have a good time in High Springs.eval(ez_write_tag([[580,400],'homesnacks_com-large-mobile-banner-2','ezslot_11',117,'0','0'])); The median household income in High Springs comes in at $58,189 and the median home value is $154,800 for 2020. We aim to deliver bite-sized pieces of infotainment about where you live. Fort Meade has done it again, placing first in the top ten cheapest cities to live in Florida. 1) Valparaiso A smaller Florida community with a population of around 6,400, Valparaiso is located along the Panhandle coast. So we used that cost of living index in order to rank all of the 217 places in Florida that have more than 5,000 people. Population: 6,888 Livability explores what makes small-to-medium sized cities great places to live. For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. Affordability is more than just cheap housing options; it indicates a high quality of life as well as affordable costs of living. So it's no surprise that Live Oak scored off our charts in terms of snackability. Home Price To Income Ratio: 2.6x (17th most affordable) Do we think that has something to do with why the city is so great and so affordable? You can download the data here. But Florida doesn't just have the weather, the beaches, and Disney World going for it. Bartown is located a stone's throw from Lake Hancock, just East of Tampa. The answer: no. Income To Rent Ratio: 55.8x (42nd cheapest) So where are the most affordable places in Florida? He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Find her services, portfolio and blog at KaitlynRaeann.com. The unemployment rate sits at 5.0%. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. They are: We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc). The unemployment rate sits at 9.8%. With a population of nearly 87,000 and a median home price of $213,400, Palm Coast is speckled with colorful wildlife and magnificent trails. If you're looking at the cost of living numbers in Florida, this is an accurate list of the most affordable places to live in Florida for 2020.

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