You can also spend an afternoon exploring the Everglades and a night in one of Miami's top clubs. Where Alligator HWY 90 meets Alligator HWY 129 is our second most affordable city in Florida for 2020, Live Oak. The median household income in Macclenny comes in at $49,458 and the median home value is $122,800 for 2020. The two most important things to think about when it comes to being able to afford if you can live comes down to: You need to understand your costs in the context of how much money you make. They are the sixth most affordable city when we looked at home price to income ratio. They are the ninth cheapest place to rent based on income to rent ratio. The unemployment rate sits at 4.9%. But those are not the only factors. The median household income in Okeechobee comes in at $40,112 and the median home value is $109,200 for 2020. The only affordable southern Florida city that made our top ten list is Okeechobee. And if you stick to fishing at Blackwater River, you can cut down on both your entertainment and food budget at the same time. The median household income in Quincy comes in at $35,509 and the median home value is $91,900 for 2020. Located in northern Florida, agriculture, timber, and technology have been keeping the economy in this little Suwannee County city moving in right direction. The "City of Oaks and Azaleas" is our fifth most affordable in citrus-land. Want to learn how we created this top ten list? Income To Rent Ratio: 61.0x (24th cheapest) © 2015-2020 Chasing Chains, LLC. And if you already knew these places were cheap, check out some more reading about Florida and the cheapest places in the country: Population: 6,013 Population: 6,482 Palm Bay’s main industries of telecommunications and technology are booming, and affordability here is high, with median home prices at just over $180k. It also has one massive asset, which is its affordability. So we used that cost of living index in order to rank all of the 217 places in Florida that have more than 5,000 people. We think that makes Quincy truly hip; and thus, affordable. Moving to Florida? The place with the lowest cost of living in Florida according to the data is Fort Meade. Everything reminds you of those summer vacation days back in grade school. Read on to learn more about our methodology and how these cities are so cheap. if(window.innerWidth < 700){jQuery(document).ready(function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display", "none");$("#skip_expand").on("click", function(){$("#toc ul").toggle()});$("#toc h3").on("click", function(){$("#toc ul").toggle()});});}. Income To Rent Ratio: 57.6x (35th cheapest) This little city in Okeechobee County rounds out our list as the seventh most affordable city in Florida for 2020.eval(ez_write_tag([[250,250],'homesnacks_com-leader-2','ezslot_12',114,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-leader-2','ezslot_13',114,'0','1'])); Okeechobee crushed our job snackability scale. Taking that into consideration, here are 9 cheapest places to live in Florida. Bartown is located a stone's throw from Lake Hancock, just East of Tampa. For a city to be truly hip, it needs to be affordable. Population: 5,881 Home Price To Income Ratio: 2.1x (4th most affordable) If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Through proprietary research studies, engaging articles and original photography and video, we examine topics related to community amenities, education, sustainability, transportation, housing and the economy. Courtesy of Steve Harwood under a CC 4.0 license. Rank Last Year: 16 (Up 6) Not surprising considering they are ninth most affordable in terms of home price to income. 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.
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