Lakeland, TN Cost Of Living
Lakeland's Overall Cost Of Living
Higher Than The National Average
In Tennessee
In America
What is the cost of living in Lakeland, TN?
According to the most recent data on the cost of living, Lakeland has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.
Compared to only Tennessee, Lakeland has a cost of living index that's 1.2x higher than Tennessee's index of 89.
The standard of living in Lakeland ranks as #3,487 most affordable out of the 6,418 places we measured in Tennessee. By definition, that implies Lakeland ranks as the #2,932 most expensive place in the Volunteer State.
Lakeland Cost Of Living Vs. Tennessee
| Living Expense | Lakeland | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 103 | 89 | 100 | |
| Services | 91 | 94 | 100 | |
| Groceries | 87 | 91 | 100 | |
| Health | 79 | 91 | 100 | |
| Housing | 131 | 81 | 100 | |
| Transportation | 88 | 86 | 100 | |
| Utilities | 91 | 92 | 100 | |
Lakeland, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, 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.
Median Home Value
Median Rent
Median Income
Detailed Lakeland Services Costs Vs. Tennessee
Detailed Lakeland Groceries Costs Vs. Tennessee
Detailed Lakeland Health Costs Vs. Tennessee
Detailed Lakeland Transportation Costs Vs. Tennessee
Detailed Lakeland Utilities Costs Vs. Tennessee
Lakeland SnackAbility
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Cost Of Living In Cities Around Lakeland
| City | Population | Cost Of Living | Vs. Lakeland |
|---|---|---|---|
| Memphis, TN | 650,910 | 79 | 0.8x |
| Bartlett, TN | 59,252 | 93 | 0.9x |
| Collierville, TN | 50,596 | 107 | 1.0x |
| Germantown, TN | 39,196 | 108 | 1.0x |
| Arlington, TN | 11,715 | 103 | 1.0x |
| Millington, TN | 10,650 | 83 | 0.8x |
| Atoka, TN | 9,407 | 95 | 0.9x |
| Oakland, TN | 8,135 | 96 | 0.9x |
| Munford, TN | 6,090 | 87 | 0.8x |
