West Palm Beach, Florida vs. Lake Placid, Florida

Cost of Living Comparison

The cost of living in Lake Placid, Florida is 21.3% cheaper than West Palm Beach, Florida.

You would need a salary of $39,352 in Lake Placid, Florida to maintain the standard of living you have in West Palm Beach, Florida.
Comparison highlights
• Overall, Lake Placid, Florida is cheaper than West Palm Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
37% cheaper in Lake Placid
than in West Palm Beach, Florida
West Palm Beach, FL vs. Lake Placid, FL
Compared to West Palm Beach, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  21.3% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.1% lower
  Housing (Homeowner)
  39.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  13.0% higher
  Commute
  40.3% lower
  Health
  5.2% higher
  Taxes
  Childcare
  Personal
  11.8% lower