Zip 33461 (Lake Worth, FL) Cost of Living


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How much do I need to live in Lake Worth, Florida?
$4,770 / month
for a family, 11.7% less expensive than the national average A total of $57,240 for the year for a family.
$4,533 / month
for a single person, 4.9% less expensive than the national average A total of $54,400 for the year for a single person.

Lake Worth cost of living score
114.1
More expensive
14.1% higher
than the US average
10.7% higher
than the Florida average
Lake Worth (zip 33461), Florida gets a BestPlaces Cost of Living score of 114.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% higher than the U.S. average and 10.7% lower than the average for Florida.

Zip 33461 (Lake Worth, FL)

Housing costs in Lake Worth?
A typical home costs $298,200, which is 11.8% less expensive than the national average of $338,100 and 17.7% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Lake Worth costs $1,660 per month, which is 6.4% more than the national average of $1,560 and 13.9% cheaper than the state average of $1,890.

Can I afford Lake Worth?
To live comfortably in Lake Worth (zip 33461), Florida, a minimum annual income of $57,240 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Lake Worth?
The cost of living in 33461 Lake Worth, FL is slightly higher than the national average. According to Sperling's Best Places, the overall cost of living index for this zip code is 109.3, which is 9.3% higher than the national average. Housing costs are the biggest contributor to this discrepancy; prices tend to be 11.4% higher than they are across the United States on average. However, other costs like utilities and groceries remain fairly close to the US norm. Overall, while living in this area may be a bit pricier than other parts of Florida or America, it's still an affordable place to call home and offers plenty of opportunities for recreation and entertainment that makes it worth the price tag.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake WorthFloridaUnited States
    Unlock103.1100.0
  103.3  Unlock100.0
    Unlock102.3100.0
  80.3  Unlock100.0
    Unlock$362,400$338,100
  98.3  Unlock100.0
    Unlock112.6100.0
  108.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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