Cost of living in Lockhart 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 Lockhart 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 Lockhart is 101, with 100 being the average.
The cost of living index in Lockhart is 1.0x higher than the national average.
Lockhart ranks as the #157 cheapest in Florida out of 459.
Lockhart ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Lockhart is $287,034.
The median income in Lockhart is $70,051.
According to the most recent data on the cost of living, Lockhart has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Lockhart has a cost of living index that's 1.0x higher than Florida's index of 97.
The standard of living in Lockhart ranks as #157 most affordable out of the 459 places we measured in Florida. By definition, that implies Lockhart ranks as the #302 most expensive place in the Sunshine State.
For more reading on life in Lockhart, check out:
Six factors go into calculating the cost of living index in Lockhart. Here is how it fairs on each of the criteria:
The Services index in Lockhart is 102.
The Groceries index in Lockhart is 96.
The Health index in Lockhart is 93.
The Housing index in Lockhart is 110.
The Transportation index in Lockhart is 93.
The Utilities index in Lockhart is 88.
| Living Expense | Lockhart | Florida | National Average | |
|---|---|---|---|---|
| Overall | 101 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 93 | 98 | 100 | |
| Housing | 110 | 96 | 100 | |
| Transportation | 93 | 97 | 100 | |
| Utilities | 88 | 95 | 100 | |
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 Lockhart is $287,034.
The Median Rent in Lockhart is $1,560.
The Median Income in Lockhart is $70,051.
The Home Value To Income in Lockhart is 4.1x.
The Rent To Monthly Income in Lockhart is 0.27x.
The cost of living varies in the cities and towns around Lockhart. Here's a quick look at the cost of living in the most populous nearby places:
Pine Hills, FL has a cost of living index of 96, 1.0x Lockhart.
Ocoee, FL has a cost of living index of 113, 1.1x Lockhart.
Winter Garden, FL has a cost of living index of 117, 1.2x Lockhart.
| City | Population | Cost Of Living | Vs. Lockhart |
|---|---|---|---|
| Pine Hills, FL | 82,264 | 96 | 1.0x |
| Ocoee, FL | 47,885 | 113 | 1.1x |
| Winter Garden, FL | 47,182 | 117 | 1.2x |
| Altamonte Springs, FL | 45,657 | 103 | 1.0x |
| Oviedo, FL | 39,990 | 119 | 1.2x |
| Winter Springs, FL | 38,448 | 110 | 1.1x |
| Winter Park, FL | 29,929 | 136 | 1.3x |
| Wekiwa Springs, FL | 24,109 | 120 | 1.2x |
| Maitland, FL | 19,268 | 126 | 1.2x |
| Lake Mary, FL | 16,724 | 120 | 1.2x |