What is the cost of living in Lake Mary, FL?
According to the most recent data on the cost of living, Lake Mary has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to Florida, Lake Mary has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Lake Mary ranks as #390 most affordable out of the 462 places we measured in Florida. By definition, that implies Lake Mary ranks as the #72 most expensive place in the Sunshine State.
For more reading on life in Lake Mary, check out:
Lake Mary Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lake Mary. Here is how it fares on each of the criteria:
The Services index in Lake Mary is 103.
The Groceries index in Lake Mary is 105.
The Health index in Lake Mary is 183.
The Housing index in Lake Mary is 107.
The Transportation index in Lake Mary is 107.
The Utilities index in Lake Mary is 109.
| Living Expense | Lake Mary | Florida | National Average |
|---|---|---|---|
| Overall | 130 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 105 | 105 | 100 |
| Health | 183 | 99 | 100 |
| Housing | 107 | 104 | 100 |
| Transportation | 107 | 109 | 100 |
| Utilities | 109 | 105 | 100 |
Lake Mary 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 Mary Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Mary, 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 Mary is $466,032.
The Median Rent in Lake Mary is $2,120.
The Median Income in Lake Mary is $109,173.
The Home Value To Income in Lake Mary is 4.3x.
The Rent To Monthly Income in Lake Mary is 0.23x.
Lake Mary, FL Costs By Category
Detailed Lake Mary Services costs vs. Florida
Detailed Lake Mary Groceries costs vs. Florida
Detailed Lake Mary Health costs vs. Florida
Detailed Lake Mary Transportation costs vs. Florida
Lake Mary SnackAbility
Cost Of Living In Cities Around Lake Mary
The cost of living varies in the cities and towns around Lake Mary. Here's a quick look at the cost of living in the most populous nearby places:
Sanford, FL has a cost of living index of 107, 0.8x Lake Mary.
Apopka, FL has a cost of living index of 116, 0.9x Lake Mary.
Ocoee, FL has a cost of living index of 114, 0.9x Lake Mary.
| City | Population | Cost Of Living | Vs. Lake Mary |
|---|---|---|---|
| Sanford, FL | 63,730 | 107 | 0.8x |
| Apopka, FL | 58,232 | 116 | 0.9x |
| Ocoee, FL | 49,033 | 114 | 0.9x |
| Altamonte Springs, FL | 46,116 | 107 | 0.8x |
| Oviedo, FL | 40,599 | 124 | 1.0x |
| Winter Springs, FL | 38,951 | 114 | 0.9x |
| Winter Park, FL | 30,274 | 141 | 1.1x |
| Casselberry, FL | 30,135 | 106 | 0.8x |
| Wekiwa Springs, FL | 23,915 | 126 | 1.0x |
| DeBary, FL | 22,869 | 110 | 0.8x |
