Lady Lake, FL Cost Of Living
Cost Of Living In Lady Lake, FL Summary
Cost of living in Lady Lake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lady Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lady Lake is 92, with 100 being the average.
The cost of living index in Lady Lake is 0.9x lower than the national average.
Lady Lake ranks as the #116 cheapest in Florida out of 459.
Lady Lake ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Lady Lake is $161,500.
The median income in Lady Lake is $42,088.
Table Of Contents
Lady Lake's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lady Lake, FL?
According to the most recent data on the cost of living, Lady Lake has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Florida, Lady Lake has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Lady Lake ranks as #116 most affordable out of the 459 places we measured in Florida. By definition, that implies Lady Lake ranks as the #343 most expensive place in the Sunshine State.
For more reading on life in Lady Lake, check out:
- Living In Lady Lake
- Lady Lake Crime Report
- Search Homes For Sale In Lady Lake, FL
In Florida
In America
Lady Lake Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lady Lake. Here is how it fairs on each of the criteria:
The Services index in Lady Lake is 93.
The Groceries index in Lady Lake is 103.
The Health index in Lady Lake is 90.
The Housing index in Lady Lake is 79.
The Transportation index in Lady Lake is 98.
The Utilities index in Lady Lake is 102.
| Living Expense | Lady Lake | Florida | National Average | |
|---|---|---|---|---|
| Overall | 92 | 101 | 100 | |
| Services | 93 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 90 | 96 | 100 | |
| Housing | 79 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 102 | 100 | 100 | |
Lady Lake, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lady Lake is $161,500.
The Median Rent in Lady Lake is $1,097.
The Median Income in Lady Lake is $42,088.
The Home Value To Income in Lady Lake is 3.8x.
The Rent To Monthly Income in Lady Lake is 0.31x.
| Statistic | Lady Lake | Florida | United States |
|---|---|---|---|
| Median Home Value | $161,500 | $248,700 | $244,900 |
| Median Rent | $1,097 | $1,301 | $1,163 |
| Median Income | $42,088 | $61,777 | $69,021 |
| Home Value To Income | 3.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Lady Lake, FL Costs By Category
Detailed Lady Lake Services Costs Vs. Florida
Detailed Lady Lake Groceries Costs Vs. Florida
Detailed Lady Lake Health Costs Vs. Florida
Detailed Lady Lake Transportation Costs Vs. Florida
Detailed Lady Lake Utilities Costs Vs. Florida
Lady Lake SnackAbility
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Cost Of Living In Cities Around Lady Lake
The cost of living varies in the cities and towns around Lady Lake. Here's a quick look at the cost of living in the most populous nearby places:
The Villages, FL has a cost of living index of 108, 1.2x Lady Lake.
Leesburg, FL has a cost of living index of 88, 1.0x Lady Lake.
Silver Springs Shores, FL has a cost of living index of 95, 1.0x Lady Lake.
| City | Population | Cost Of Living | Vs. Lady Lake |
|---|---|---|---|
| The Villages, FL | 76,415 | 108 | 1.2x |
| Leesburg, FL | 26,242 | 88 | 1.0x |
| Silver Springs Shores, FL | 25,363 | 95 | 1.0x |
| Eustis, FL | 22,532 | 91 | 1.0x |
| Tavares, FL | 18,290 | 88 | 1.0x |
| Mount Dora, FL | 15,830 | 100 | 1.1x |
| Wildwood, FL | 14,747 | 101 | 1.1x |
| Fruitland Park, FL | 7,879 | 86 | 0.9x |
| Belleview, FL | 5,314 | 95 | 1.0x |
