Housing costs in Lakeland?
A typical home costs
$210,600, which is 37.7% less expensive than the national average of
$338,100 and 41.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lakeland costs
$1,180 per month, which is 24.4% cheaper than the national average of
$1,560 and close to the state average of
$1,160.
Can I afford Lakeland?
To live comfortably in Lakeland (zip 33805), Florida, a minimum annual income of
$40,320 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Lakeland?
The cost of living in 33805 Lakeland, FL is relatively affordable compared to other parts of the state. According to the Council for Community and Economic Research, the overall cost of living in the area is lower than both the state and national averages. The median home value is approximately $153,400, which is significantly less than many other areas. Additionally, goods and services are reasonably priced with groceries being 5.6% lower than the national average and housing costs being 7.5% lower than average. This makes 33805 an attractive destination for individuals who need access to high-quality services while keeping their expenses low.