Zip 34951 (Lakewood Park, FL) Cost of Living


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Lakewood Park cost of living score
98.6
Less expensive
1.4% lower
than the US average
4.4% lower
than the Florida average
Lakewood Park (zip 34951), Florida gets a BestPlaces Cost of Living score of 98.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.4% lower than the U.S. average and 4.4% lower than the average for Florida.

Zip 34951 (Lakewood Park, FL)

Housing costs in Lakewood Park?
A typical home costs $288,200, which is 14.8% less expensive than the national average of $338,100 and 20.5% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Lakewood Park costs $1,220 per month, which is 21.8% cheaper than the national average of $1,560 and 19.7% cheaper than the state average of $1,460.

Can I afford Lakewood Park?
To live comfortably in Lakewood Park (zip 34951), Florida, a minimum annual income of $55,080 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Lakewood Park?
The cost of living in 34951 Lakewood Park, FL is relatively low compared to other parts of the state and country. The median home price in Lakewood Park is around $204,000 and the median rent is approximately $1200 a month. Utilities are also very affordable in this area with an average monthly rate for electricity being around $120. Groceries are slightly more expensive than the national average, but still remain within reasonable limits. The overall cost of living here in Lakewood Park is quite manageable, making it a great place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesLakewood ParkFloridaUnited States
  98.6103.1100.0
  103.1102.8100
  103.7102.3100.0
  74.4101.1100.0
  $288,200$362,400$338,100
  94.8%101.3%100.0%
  96.0112.6100.0
  86.287.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime