Housing costs in Lakeland?
A typical home costs
$342,600, which is 1.3% more expensive than the national average of
$338,100 and 5.5% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Lakeland costs
$1,260 per month, which is 19.2% cheaper than the national average of
$1,560 and 7.9% more than the state average of
$1,160.
Can I afford Lakeland?
To live comfortably in Lakeland (zip 33811), Florida, a minimum annual income of
$65,520 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Lakeland?
Living in 33811 Lakeland, FL is quite affordable. The cost of living index for this area is only 89.8, which is 11.2% lower than the national average. Housing costs are very reasonable with the median home value at $155,400 and median rent of only $912 per month. Utilities are also very economical in this area with an average monthly cost of about $150. All other costs such as groceries, transportation, and health care are also lower than the national average making it an ideal place to live for those who want to save money while still enjoying all that Florida has to offer.