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 93, 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 #69 cheapest in Florida out of 459.
Lady Lake ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Lady Lake is $342,608.
The median income in Lady Lake is $47,260.
According to the most recent data on the cost of living, Lady Lake has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Lady Lake has a cost of living index that's 1.0x lower than Florida's index of 97.
The standard of living in Lady Lake ranks as #69 most affordable out of the 459 places we measured in Florida. By definition, that implies Lady Lake ranks as the #390 most expensive place in the Sunshine State.
For more reading on life in Lady Lake, check out:
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 95.
The Health index in Lady Lake is 95.
The Housing index in Lady Lake is 93.
The Transportation index in Lady Lake is 102.
The Utilities index in Lady Lake is 87.
| Living Expense | Lady Lake | Florida | National Average | |
|---|---|---|---|---|
| Overall | 93 | 97 | 100 | |
| Services | 93 | 96 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 95 | 98 | 100 | |
| Housing | 93 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 87 | 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 Lady Lake is $342,608.
The Median Rent in Lady Lake is $1,361.
The Median Income in Lady Lake is $47,260.
The Home Value To Income in Lady Lake is 7.2x.
The Rent To Monthly Income in Lady Lake is 0.35x.
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 113, 1.2x Lady Lake.
Leesburg, FL has a cost of living index of 92, 1.0x Lady Lake.
Silver Springs Shores, FL has a cost of living index of 89, 1.0x Lady Lake.
| City | Population | Cost Of Living | Vs. Lady Lake |
|---|---|---|---|
| The Villages, FL | 82,108 | 113 | 1.2x |
| Leesburg, FL | 28,461 | 92 | 1.0x |
| Silver Springs Shores, FL | 27,556 | 89 | 1.0x |
| Eustis, FL | 23,567 | 93 | 1.0x |
| Tavares, FL | 19,738 | 94 | 1.0x |
| Mount Dora, FL | 16,812 | 108 | 1.2x |
| Wildwood, FL | 16,739 | 101 | 1.1x |
| Fruitland Park, FL | 8,482 | 104 | 1.1x |
| Belleview, FL | 5,569 | 87 | 0.9x |