According to the most recent data on the cost of living, Three Lakes has an overall cost of living index of 117 which is 1.2x higher than the national index of 100.
Compared to only Florida, Three Lakes has a cost of living index that's 1.2x higher than Florida's index of 98.
The standard of living in Three Lakes ranks as #4,630 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Three Lakes ranks as the #1,789 most expensive place in the Sunshine State.
Living Expense | Three Lakes | Florida | National Average | |
---|---|---|---|---|
Overall | 117 | 98 | 100 | |
Services | 103 | 99 | 100 | |
Groceries | 119 | 107 | 100 | |
Health | 105 | 98 | 100 | |
Housing | 138 | 96 | 100 | |
Transportation | 110 | 102 | 100 | |
Utilities | 101 | 106 | 100 |
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.
Statistic | Three Lakes | Florida | United States |
---|---|---|---|
Median Home Value | $335,000 | $232,000 | $229,800 |
Median Rent | $1,914 | $1,218 | $1,096 |
Median Income | $71,186 | $57,703 | $64,994 |
Home Value To Income | 4.7x | 4.0x | 3.5x |
Rent To Monthly Income | 0.32x | 0.25x | 0.2x |
Item | Three Lakes | Florida |
---|---|---|
Shampoo | $1.11 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $22.13 | $14.67 |
Item | Three Lakes | Florida |
---|---|---|
Ground Beef | $4.27 | $4.22 |
Fried Chicken | $1.73 | $1.39 |
Milk | $3.16 | $2.05 |
Item | Three Lakes | Florida |
---|---|---|
Haircut | $14.37 | $18.62 |
Beauty Salon | $70.0 | $39.05 |
Toothpaste | $1.87 | $2.34 |
Item | Three Lakes | Florida |
---|---|---|
Potatoes | $3.86 | $3.29 |
Pizza | $9.1 | $10.62 |
Beer | $10.98 | $9.38 |
Optometrist | $105.63 | $108.57 |
Doctor | $111.06 | $116.17 |
Dentist | $107.78 | $99.13 |
Item | Three Lakes | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $60.69 | $50.07 |
All Electricity | $162.18 | $167.67 |
Phone | $188.17 | $175.64 |
City | Population | Cost Of Living | Vs. Three Lakes |
---|---|---|---|
Kendall, FL | 77,228 | 123 | 1.1x |
The Hammocks, FL | 63,687 | 116 | 1.0x |
Tamiami, FL | 55,757 | 116 | 1.0x |
Kendale Lakes, FL | 55,732 | 108 | 0.9x |
Coral Gables, FL | 49,937 | 164 | 1.4x |
Richmond West, FL | 37,123 | 117 | 1.0x |
South Miami Heights, FL | 35,683 | 102 | 0.9x |
Miami Lakes, FL | 31,021 | 125 | 1.1x |
Coral Terrace, FL | 25,529 | 117 | 1.0x |
The Crossings, FL | 23,102 | 116 | 1.0x |