Housing costs in Lakeland?
A typical home costs
$282,500, which is 16.4% less expensive than the national average of
$338,100 and 22.0% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lakeland costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 25.8% cheaper than the state average of
$1,560.
Can I afford Lakeland?
To live comfortably in Lakeland, Florida, a minimum annual income of
$54,000 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Lakeland?
Lakeland offers one of Florida's most budget friendly lifestyles with median housing values rounding out around $150K and rental prices usually falling somewhere between that same amount or less depending upon desired amenities - notably more reasonable compared to other coastal cities up north like Jacksonville or Tallahassee. Groceries similarly come in right on par with United States figures thanks largely to local taxes & regulations while sales tax remains constant at 6%.