Lakeland, FL Cost of Living (2024): How Expensive Is It?

What salary do you need to live in Lakeland, FL?

Overall, on average, a gross annual salary of $55,076 is required for an average quality of life in Lakeland, FL.

Does Lakeland, FL have a high cost of living?

Lakeland, FL is ranked 101st out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of cheaper cities in which to live in the U.S. Lakeland, FL's average monthly rent is 36% lower than than the U.S. average cost of rent.

Is $75K a good salary in Lakeland, FL?

A gross annual salary of $75,000 in Lakeland, FL will yield an average annual net salary of $66,240. Considering that the total average annual cost of living in Lakeland, FL is $42,871, a gross annual salary of $75,000 will be sufficient to cover average living costs.

How much should I pay for rent in Lakeland, FL?

The average monthly rent in Lakeland, FL in the city center is $1,059 for a 1 bedroom apartment, $1,300 for a 2 bedroom apartment and $1,609 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,107 for a 1 bedroom apartment, $1,401 for a 2 bedroom apartment and $1,704 for a 3 bedroom apartment.