What is the cost of living in Lakewood Park, FL?
According to the most recent data on the cost of living, Lakewood Park has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Lakewood Park has a cost of living index that's 1.0x lower than Florida's index of 104.
The standard of living in Lakewood Park ranks as #80 most affordable out of the 462 places we measured in Florida. By definition, that implies Lakewood Park ranks as the #382 most expensive place in the Sunshine State.
For more reading on life in Lakewood Park, check out:
Lakewood Park Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lakewood Park. Here is how it fares on each of the criteria:
The Services index in Lakewood Park is 105.
The Groceries index in Lakewood Park is 104.
The Health index in Lakewood Park is 92.
The Housing index in Lakewood Park is 106.
The Transportation index in Lakewood Park is 112.
The Utilities index in Lakewood Park is 108.
| Living Expense | Lakewood Park | Florida | National Average |
|---|---|---|---|
| Overall | 99 | 104 | 100 |
| Services | 105 | 101 | 100 |
| Groceries | 104 | 105 | 100 |
| Health | 92 | 99 | 100 |
| Housing | 106 | 104 | 100 |
| Transportation | 112 | 109 | 100 |
| Utilities | 108 | 105 | 100 |
Lakewood Park 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 Lakewood Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lakewood Park, 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 Lakewood Park is $280,856.
The Median Rent in Lakewood Park is $1,206.
The Median Income in Lakewood Park is $64,023.
The Home Value To Income in Lakewood Park is 4.4x.
The Rent To Monthly Income in Lakewood Park is 0.23x.
| Statistic | Lakewood Park | Florida | United States |
|---|---|---|---|
| Median Home Value | $280,856 | $375,661 | $332,700 |
| Median Rent | $1,206 | $1,669 | $1,413 |
| Median Income | $64,023 | $74,568 | $80,734 |
| Home Value To Income | 4.4x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.23x | 0.27x | 0.21x |
Lakewood Park, FL Costs By Category
Detailed Lakewood Park Services costs vs. Florida
| Item | Lakewood Park | Florida |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $13.1 | $12.13 |
| Bowling | $14.75 | $18 |
| Haircut | $21.0 | $24.26 |
| Beauty Salon | $56.83 | $45.56 |
Detailed Lakewood Park Groceries costs vs. Florida
| Item | Lakewood Park | Florida |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.45 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $12.62 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Lakewood Park Health costs vs. Florida
| Item | Lakewood Park | Florida |
|---|---|---|
| Optometrist | $78.2 | $125.68 |
| Doctor | $139.8 | $135.78 |
| Dentist | $132.83 | $113.29 |
Detailed Lakewood Park Transportation costs vs. Florida
| Item | Lakewood Park | Florida |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $54.85 | $59.92 |
Detailed Lakewood Park Utilities costs vs. Florida
| Item | Lakewood Park | Florida |
|---|---|---|
| All Electricity | $144.67 | $193.99 |
| Phone | $196.14 | $192.25 |
Lakewood Park SnackAbility
Cost Of Living In Cities Around Lakewood Park
The cost of living varies in the cities and towns around Lakewood Park. Here's a quick look at the cost of living in the most populous nearby places:
Port St. Lucie, FL has a cost of living index of 112, 1.1x Lakewood Park.
Fort Pierce, FL has a cost of living index of 98, 1.0x Lakewood Park.
Vero Beach South, FL has a cost of living index of 109, 1.1x Lakewood Park.
| City | Population | Cost Of Living | Vs. Lakewood Park |
|---|---|---|---|
| Port St. Lucie, FL | 232,491 | 112 | 1.1x |
| Fort Pierce, FL | 49,082 | 98 | 1.0x |
| Vero Beach South, FL | 30,344 | 109 | 1.1x |
| Sebastian, FL | 26,262 | 108 | 1.1x |
| Florida Ridge, FL | 20,889 | 100 | 1.0x |
| Vero Beach, FL | 17,042 | 116 | 1.2x |
| West Vero Corridor, FL | 10,461 | 92 | 0.9x |
| Fort Pierce North, FL | 7,224 | 91 | 0.9x |
