Lake Butler, FL Cost Of Living
Cost Of Living In Lake Butler, FL Summary
Cost of living in Lake Butler 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 Lake Butler 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 Lake Butler is 164, with 100 being the average.
The cost of living index in Lake Butler is 1.6x higher than the national average.
Lake Butler ranks as the #448 cheapest in Florida out of 459.
Lake Butler ranks as the #5,968 cheapest out of 6,489 in the US.
The median home value in Lake Butler is $281,223.
The median income in Lake Butler is $178,750.
Table Of Contents
Lake Butler's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lake Butler, FL?
According to the most recent data on the cost of living, Lake Butler has an overall cost of living index of 164, which is 1.6x higher than the national index of 100.
Compared to Florida, Lake Butler has a cost of living index that's 1.7x higher than Florida's index of 97.
The standard of living in Lake Butler ranks as #448 most affordable out of the 459 places we measured in Florida. By definition, that implies Lake Butler ranks as the #11 most expensive place in the Sunshine State.
For more reading on life in Lake Butler, check out:
In Florida
In America
Lake Butler Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lake Butler. Here is how it fairs on each of the criteria:
The Services index in Lake Butler is 100.
The Groceries index in Lake Butler is 96.
The Health index in Lake Butler is 90.
The Housing index in Lake Butler is 319.
The Transportation index in Lake Butler is 94.
The Utilities index in Lake Butler is 88.
| Living Expense | Lake Butler | Florida | National Average | |
|---|---|---|---|---|
| Overall | 164 | 97 | 100 | |
| Services | 100 | 96 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 90 | 98 | 100 | |
| Housing | 319 | 96 | 100 | |
| Transportation | 94 | 97 | 100 | |
| Utilities | 88 | 95 | 100 | |
Lake Butler, 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 2019-2023. The key points are:
The Median Home Value in Lake Butler is $281,223.
The Median Rent in Lake Butler is $2,413.
The Median Income in Lake Butler is $178,750.
The Home Value To Income in Lake Butler is 1.6x.
The Rent To Monthly Income in Lake Butler is 0.16x.
| Statistic | Lake Butler | Florida | United States |
|---|---|---|---|
| Median Home Value | $281,223 | $377,066 | $303,400 |
| Median Rent | $2,413 | $1,564 | $1,348 |
| Median Income | $178,750 | $71,711 | $78,538 |
| Home Value To Income | 1.6x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Lake Butler, FL Costs By Category
Detailed Lake Butler Services Costs Vs. Florida
| Item | Lake Butler | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
Detailed Lake Butler Groceries Costs Vs. Florida
| Item | Lake Butler | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
Detailed Lake Butler Health Costs Vs. Florida
| Item | Lake Butler | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Lake Butler Transportation Costs Vs. Florida
| Item | Lake Butler | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Lake Butler Utilities Costs Vs. Florida
| Item | Lake Butler | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Lake Butler SnackAbility
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