Lake City, FL Cost Of Living

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Updated: 2020-03-08
90
Lake City's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake City is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lake City, FL?

According to the most recent data on the cost of living, Lake City has an overall cost of living index of 90 which is 0.9x lower than the national index of 100.

Compared to only Florida, Lake City has a cost of living index that's 0.9x lower than Florida's index of 99.

The standard of living in Lake City ranks as #1706 most affordable out of the 6522 places we measured in Florida. By definition, that implies Lake City ranks as the #4700 most expensive place in the Sunshine State.

Lake City Cost Of Living Vs. Florida

Living Expense Lake City Florida National Average
Overall 90 99 100
Services 95 99 100
Groceries 104 105 100
Health 99 100 100
Housing 63 96 100
Transportation 104 98 100
Utilities 119 102 100
For more reading on cost of living around Florida, check out:
Lake City Cost of Living Vs. FL

Lake City, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$110,400
Median Home Value
$839
Median Rent
$38,544
Median Income
Statistic Lake City Florida United States
Median Home Value $110,400 $196,800 $204,900
Median Rent $839 $1,128 $1,023
Median Income $38,544 $53,267 $60,293
Home Value To Income 2.9x 3.7x 3.4x
Rent To Monthly Income 0.26x 0.25x 0.2x

Lake City SnackAbility

3
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
6
Diversity
9
Safety
2
Amenities
8
Education
8
Commute
9

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