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THE COLONY vs. LAKE WALES
Cost of Living Comparison

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Cost of Living Calculator - The Colony, Texas vs Lake Wales, Florida

The cost of living in Lake Wales, Florida is 16.2% cheaper than The Colony, Texas.

You would need a salary of $62,830 in Lake Wales, Florida to maintain the standard of living you have in The Colony, Texas.

Comparison highlights

• Overall, Lake Wales, Florida is cheaper than The Colony, Texas
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
40% cheaper in Lake Wales
than in The Colony, Texas

The Colony, TX vs Lake Wales, FL

Compared to The Colony, Lake Wales is:

Homeowner

No Child Care, Taxes not Considered

16.2% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

0.6% higher

Housing (Homeowner)

45.6% lower

Housing (Rent)

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Median Home Cost

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Utilities

6.5% higher

Commute

11.1% lower

Health

0.4% higher

Taxes

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Childcare

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Personal

2.0% lower

Cost of Food

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