Welcome to Florida, where the living is easy… and less expensive! The cost of living in the Sunshine State, and in Lady Lake particularly, is slightly less than in its northern counterparts. Less expensive housing and lower tax rates help your dollars stretch further, meaning you have more resources to do what you want, when you want. And with all the places to visit and things to do in Florida, you’ll live a high quality life that is sustainable for years to come.
Cost of Living in Lady Lake, FL
The cost of living in Lady Lake, FL is slightly less than the national average, less than Orlando (the largest nearby city), and less than Florida in general. The area where you’ll save most in Lady Lake is on housing, which means you can afford to buy “more house” here than most other places in the state. Residents enjoy no state income tax, and groceries and prescription drugs are exempt from sales tax. Property taxes are $1,763 per $100,000 of assessed home value. New homes in Lady Lake start at about $350,000.
With all these tax benefits, life in Lady Lake is pretty sweet. But you can lower your cost of living even more when you live in a Green Key Village home. We build net-zero energy homes, which means they have the potential to generate as much energy as they consume in a year, resulting in no carbon footprint and an energy bill that’s very close to zero. We accomplish this by building homes that are air-tight, well-insulated, and powered by the most effective and efficient systems available.
Residents of Green Key Village also get a federal tax credit for the cost of their solar electric systems. At closing you will receive a separate receipt for your system that you can use to file your taxes and receive a one-time credit equal to 26% of the cost of the solar electric system. That amounts to a cash savings of $6,000 to $9,000 per home!
Beyond the low taxes, low cost of living, and potential for a virtually zero energy bill, there are hundreds of interesting places to visit and things to do that don’t cost much, or are completely free. Enjoy nature’s ultimate playgrounds in the forms of beaches and waterways, fun weekend getaways, beautiful golf courses, and more. Here are a few suggestions:
The Best Beaches of Both Coasts
Top Golf Courses Near Lady Lake, FL
For more information on building the homes of your dreams in Central Florida, browse our floor plans, or contact our team at 352-314-0126 to schedule an appointment. We can’t wait to welcome you home!
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