Lakeland-Winter Haven Metro Area, FL Cost of Living


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United States / Florida / Lakeland-Winter Haven Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Lakeland-Winter Haven, Florida?
$4,980 / month
for a family, 7.8% less expensive than the national average A total of $59,760 for the year for a family.
$3,133 / month
for a single person, 34.3% less expensive than the national average A total of $37,600 for the year for a single person.

Lakeland-Winter Haven cost of living score
91.4
Less expensive
8.6% lower
than the US average
11.3% lower
than the Florida average
Lakeland-Winter Haven Flor Metro Area, Florida gets a BestPlaces Cost of Living score of 91.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.6% lower than the U.S. average and 11.3% lower than the average for Florida.

Lakeland-Winter Haven Metro Area, FL

Housing costs in Lakeland-Winter Haven?
A typical home costs $312,500, which is 7.6% less expensive than the national average of $338,100 and 13.8% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Lakeland-Winter Haven costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 34.5% cheaper than the state average of $1,560.

Can I afford Lakeland-Winter Haven?
To live comfortably in Lakeland-Winter Haven Flor Metro Area, Florida, a minimum annual income of $59,760 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Lakeland-Winter Haven?
The cost of living in Lakeland-Winter Haven, FL Metro Area is quite affordable compared to the national average. According to the latest data, the median value of a house in this area is $312,500 while the US average is $338,100. In addition, the cost of living index here is 91.4 which is lower than the national average of 100. This makes this area an attractive option for those who looking to live and work in an affordable location with plenty of amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLakeland-Winter HavenFloridaUnited States
    Unlock103.1100.0
  102.6  Unlock100.0
    Unlock102.3100.0
  77.9  Unlock100.0
    Unlock$362,400$338,100
  102.7  Unlock100.0
    Unlock112.6100.0
  80.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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