Ryan Erisman, author of “The Villages Florida Book,” says the first thing people interested in the area want to know is “Can I afford it?” The official Village line on what it costs to live there is $1,039 a month, well within many couples' budgets, even those heavily reliant on Social Security.30 mar 2015
Are homes in The Villages overpriced?
Home prices compared to other states: The Villages state their average home is about $250,000, which is decent for Florida prices, but there may be cheaper alternatives outside of the state. More expensive options are well above the national average in home costs.
Is The Villages a good place to live?
Safe and clean: It's a gated community in one of the safest areas in Central Florida, meaning you will not have to worry about crime while in retirement. Affordable housing: There are housing options suitable for any budget, but also the average house price in the Villages is reasonable compared to other states.
What is the average retirement income in The Villages florida?
Rank Average Retirement Income per Household ▼ City / Population
---- ----------------------------------------- -------------------------
107. $33,567 Geneva, FL / 2,380
108. $33,516 Destin, FL / 12,840
109. $33,411 The Villages, FL / 61,046
110. $33,379 Nocatee, FL / 5,923
Is it expensive to live in the villages florida?
The Villages, FL Cost of Living Index. ... The community has a cost of living index of 103, just marginally more expensive than Florida's cost of living and only 3% higher than the national average. Healthcare and utilities are close to average for the U.S. and utilities are just 5% higher.25 sept 2021
What is the average income of a retired person?
According to data from the US Census Bureau, the average retirement income is around $73,000. However, the median retirement income—which is often a more accurate reflection of the majority of cases—is just around $47,000. As retirees age and continue to use up their income streams, average income goes down.
What is a comfortable monthly income for retirement?
With that in mind, you should expect to need about 80% of your pre-retirement income to cover your cost of living in retirement. ... Based on the 80% principle, you can expect to need about $96,000 in annual income after you retire, which is $8,000 per month.8 dic 2021
How much does it cost to live in a retirement village in Florida?
State Monthly Average Monthly Maximum
------- --------------- ---------------
Florida $2,545 $4,700
Georgia $2,463 $3,995
Hawaii $2,564 $3,099
Iowa $2,247 $3,770
Is it expensive to live in the villages?
The Villages, FL golfing is free for life for residents – one of the biggest draws of the community. ... This information is also given to potential residents in a “Lifestyle Portfolio” which estimates The Villages cost of living at $758 to $1,159 per month. There are some glaring shortcomings to this estimate.25 sept 2021