Cost of living in East 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 East 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 East Lake is 119, with 100 being the average.
The cost of living index in East Lake is 1.2x higher than the national average.
East Lake ranks as the #352 cheapest in Florida out of 459.
East Lake ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in East Lake is $530,561.
The median income in East Lake is $93,862.
According to the most recent data on the cost of living, East Lake has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Florida, East Lake has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in East Lake ranks as #352 most affordable out of the 459 places we measured in Florida. By definition, that implies East Lake ranks as the #107 most expensive place in the Sunshine State.
For more reading on life in East Lake, check out:
Six factors go into calculating the cost of living index in East Lake. Here is how it fairs on each of the criteria:
The Services index in East Lake is 95.
The Groceries index in East Lake is 101.
The Health index in East Lake is 91.
The Housing index in East Lake is 174.
The Transportation index in East Lake is 102.
The Utilities index in East Lake is 97.
| Living Expense | East Lake | Florida | National Average | |
|---|---|---|---|---|
| Overall | 119 | 97 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 91 | 98 | 100 | |
| Housing | 174 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 97 | 95 | 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 2019-2023. The key points are:
The Median Home Value in East Lake is $530,561.
The Median Rent in East Lake is $1,844.
The Median Income in East Lake is $93,862.
The Home Value To Income in East Lake is 5.7x.
The Rent To Monthly Income in East Lake is 0.24x.
The cost of living varies in the cities and towns around East Lake. Here's a quick look at the cost of living in the most populous nearby places:
Largo, FL has a cost of living index of 95, 0.8x East Lake.
Palm Harbor, FL has a cost of living index of 109, 0.9x East Lake.
Pinellas Park, FL has a cost of living index of 98, 0.8x East Lake.
| City | Population | Cost Of Living | Vs. East Lake |
|---|---|---|---|
| Largo, FL | 82,506 | 95 | 0.8x |
| Palm Harbor, FL | 61,454 | 109 | 0.9x |
| Pinellas Park, FL | 53,423 | 98 | 0.8x |
| Carrollwood, FL | 35,645 | 110 | 0.9x |
| Citrus Park, FL | 28,163 | 113 | 0.9x |
| Lutz, FL | 26,731 | 119 | 1.0x |
| Keystone, FL | 26,723 | 131 | 1.1x |
| Tarpon Springs, FL | 25,522 | 100 | 0.8x |
| Northdale, FL | 25,420 | 113 | 0.9x |
| Westchase, FL | 24,818 | 123 | 1.0x |