What is the cost of living in Lake Lorraine, FL?
According to the most recent data on the cost of living, Lake Lorraine has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Florida, Lake Lorraine has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Lake Lorraine ranks as #357 most affordable out of the 462 places we measured in Florida. By definition, that implies Lake Lorraine ranks as the #105 most expensive place in the Sunshine State.
For more reading on life in Lake Lorraine, check out:
Lake Lorraine Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lake Lorraine. Here is how it fares on each of the criteria:
The Services index in Lake Lorraine is 100.
The Groceries index in Lake Lorraine is 105.
The Health index in Lake Lorraine is 165.
The Housing index in Lake Lorraine is 107.
The Transportation index in Lake Lorraine is 106.
The Utilities index in Lake Lorraine is 103.
| Living Expense | Lake Lorraine | Florida | National Average |
|---|---|---|---|
| Overall | 123 | 104 | 100 |
| Services | 100 | 101 | 100 |
| Groceries | 105 | 105 | 100 |
| Health | 165 | 99 | 100 |
| Housing | 107 | 104 | 100 |
| Transportation | 106 | 109 | 100 |
| Utilities | 103 | 105 | 100 |
Lake Lorraine Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Lake Lorraine Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Lorraine, 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 2020-2024. The key points are:
The Median Home Value in Lake Lorraine is $454,665.
The Median Rent in Lake Lorraine is $1,654.
The Median Income in Lake Lorraine is $104,105.
The Home Value To Income in Lake Lorraine is 4.4x.
The Rent To Monthly Income in Lake Lorraine is 0.19x.
| Statistic | Lake Lorraine | Florida | United States |
|---|---|---|---|
| Median Home Value | $454,665 | $375,661 | $332,700 |
| Median Rent | $1,654 | $1,669 | $1,413 |
| Median Income | $104,105 | $74,568 | $80,734 |
| Home Value To Income | 4.4x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.27x | 0.21x |
Lake Lorraine, FL Costs By Category
Detailed Lake Lorraine Services costs vs. Florida
| Item | Lake Lorraine | Florida |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $12.99 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $21.34 | $24.26 |
| Beauty Salon | $52.41 | $45.56 |
Detailed Lake Lorraine Groceries costs vs. Florida
| Item | Lake Lorraine | Florida |
|---|---|---|
| Ground Beef | $6.17 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.2 | $4.93 |
| Pizza | $12.56 | $12.09 |
| Beer | $10.49 | $10.41 |
| Toothpaste | $3.71 | $3.7 |
Detailed Lake Lorraine Health costs vs. Florida
| Item | Lake Lorraine | Florida |
|---|---|---|
| Optometrist | $107.95 | $125.68 |
| Doctor | $106.49 | $135.78 |
| Dentist | $113.85 | $113.29 |
Detailed Lake Lorraine Transportation costs vs. Florida
| Item | Lake Lorraine | Florida |
|---|---|---|
| Gasoline | $3.2 | $3.46 |
| Tire Balancing | $47.55 | $59.92 |
Detailed Lake Lorraine Utilities costs vs. Florida
| Item | Lake Lorraine | Florida |
|---|---|---|
| All Electricity | $142.23 | $193.99 |
| Phone | $188.01 | $192.25 |
Lake Lorraine SnackAbility
Cost Of Living In Cities Around Lake Lorraine
The cost of living varies in the cities and towns around Lake Lorraine. Here's a quick look at the cost of living in the most populous nearby places:
Navarre, FL has a cost of living index of 116, 0.9x Lake Lorraine.
Wright, FL has a cost of living index of 106, 0.9x Lake Lorraine.
Fort Walton Beach, FL has a cost of living index of 107, 0.9x Lake Lorraine.
| City | Population | Cost Of Living | Vs. Lake Lorraine |
|---|---|---|---|
| Navarre, FL | 39,838 | 116 | 0.9x |
| Wright, FL | 27,927 | 106 | 0.9x |
| Fort Walton Beach, FL | 21,025 | 107 | 0.9x |
| Niceville, FL | 16,544 | 114 | 0.9x |
| Destin, FL | 14,077 | 128 | 1.0x |
