Cost of living in Land O' Lakes 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 Land O' Lakes 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 Land O' Lakes is 104, with 100 being the average.
The cost of living index in Land O' Lakes is 1.0x higher than the national average.
Land O' Lakes ranks as the #306 cheapest in Florida out of 459.
Land O' Lakes ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Land O' Lakes is $269,900.
The median income in Land O' Lakes is $84,146.
According to the most recent data on the cost of living, Land O' Lakes has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Florida, Land O' Lakes has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Land O' Lakes ranks as #306 most affordable out of the 459 places we measured in Florida. By definition, that implies Land O' Lakes ranks as the #153 most expensive place in the Sunshine State.
For more reading on life in Land O' Lakes, check out:
Six factors go into calculating the cost of living index in Land O' Lakes. Here is how it fairs on each of the criteria:
The Services index in Land O' Lakes is 98.
The Groceries index in Land O' Lakes is 102.
The Health index in Land O' Lakes is 100.
The Housing index in Land O' Lakes is 108.
The Transportation index in Land O' Lakes is 102.
The Utilities index in Land O' Lakes is 101.
Living Expense | Land O' Lakes | Florida | National Average | |
---|---|---|---|---|
Overall | 104 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 102 | 101 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 108 | 108 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 101 | 100 | 100 |
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 Land O' Lakes is $269,900.
The Median Rent in Land O' Lakes is $1,524.
The Median Income in Land O' Lakes is $84,146.
The Home Value To Income in Land O' Lakes is 3.2x.
The Rent To Monthly Income in Land O' Lakes is 0.22x.
Statistic | Land O' Lakes | Florida | United States |
---|---|---|---|
Median Home Value | $269,900 | $248,700 | $244,900 |
Median Rent | $1,524 | $1,301 | $1,163 |
Median Income | $84,146 | $61,777 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Item | Land O' Lakes | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | Land O' Lakes | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | Land O' Lakes | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Land O' Lakes | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Land O' Lakes | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Land O' Lakes. Here's a quick look at the cost of living in the most populous nearby places:
Wesley Chapel, FL has a cost of living index of 103, 1.0x Land O' Lakes.
Carrollwood, FL has a cost of living index of 100, 1.0x Land O' Lakes.
Lake Magdalene, FL has a cost of living index of 101, 1.0x Land O' Lakes.
City | Population | Cost Of Living | Vs. Land O' Lakes |
---|---|---|---|
Wesley Chapel, FL | 65,134 | 103 | 1.0x |
Carrollwood, FL | 35,846 | 100 | 1.0x |
Lake Magdalene, FL | 31,211 | 101 | 1.0x |
Citrus Park, FL | 27,440 | 101 | 1.0x |
Temple Terrace, FL | 26,585 | 99 | 1.0x |
Keystone, FL | 25,397 | 125 | 1.2x |
Northdale, FL | 24,924 | 102 | 1.0x |
Westchase, FL | 24,185 | 117 | 1.1x |
Lutz, FL | 23,827 | 104 | 1.0x |
Trinity, FL | 18,191 | 116 | 1.1x |