Lady Lake, Florida Cost Of Living

Buy Rent

B

Overall 11%

Goods & Services 7%

Housing 22%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lady Lake	Florida	National
Cost of living	89	99	100
Goods & Services	93	99	100
Groceries	97	105	100
Health care	89	100	100
Housing	78	96	100
Transportation	91	98	100
Utilities	98	102	100

Key findings

The cost of living in Lady Lake is 10% lower than the Florida average
The cost of living in Lady Lake is 11% lower than the national average
Lady Lake housing is 22% lower than the national average
Florida general sales tax is 18% higher than the national average
Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Lady Lake

See all the best places to live around Lady Lake

Compare Lady Lake, FL Cost of Living

See all Lady Lake poll results

The best places in Florida

Here are the best places to live in Florida

See the best places to live in & around Lady Lake

These are the 10 most affordable cities in Florida

10 Best cities in Florida for employment

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$43,170	$3,598	$1,007	$1,295
Renters	$32,386	$2,699	$756	$972

A good way to judge both the affordability of the housing and the cost of living in Lady Lake is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Lady Lake has a median income of about $43,170 for people who own homes. Based on that number, a maximum of $1,007 should be spent on expenses related to housing. Renters have a slightly different median income, which is $32,386. Based on this average, renters should spend no more than $756 on all rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

State	General Sales Tax	With Max Surtax
Florida	6%	7.5%

Florida Income Tax

State	Income Tax (Low)	Income Tax (High)
Florida	0%	0%

Goods & Services

Item	Lady Lake	National avg.	Difference
Haircut	$20.20	$17.49	15.5%
Beauty Salon	$44.00	$38.17	15.3%
Toothpaste	$1.62	$2.32	30.2%
Shampoo	$0.84	$1.01	17.0%
Movie	$11.39	$10.72	6.2%
Bowling	$14.14	$13.86	2.0%

Groceries

Item	Lady Lake	National avg.	Difference
Ground Beef	$4.73	$3.90	21.3%
Fried Chicken	$1.28	$1.40	8.3%
Milk	$2.04	$1.96	4.0%
Potatoes	$3.15	$3.18	1.0%
Pizza	$9.99	$10.39	3.9%
Beer	$9.99	$9.23	8.2%

Health Care

Item	Lady Lake	National avg.	Difference
Optometrist	$86.33	$106.34	18.8%
Doctor	$76.20	$115.25	33.9%
Dentist	$97.50	$98.38	0.9%
Ibuprofen	$9.09	$9.26	1.8%
Lipitor	$474.20	$466.47	1.7%

Housing

Item	Lady Lake	National avg.	Difference
Home Price	$129,100.00	$184,700.00	30.1%
Avg. Mortgage Payment	$985.05	$1,273.32	22.6%
Apartment Rent	$927.00	$949.00	2.3%

Transportation

Item	Lady Lake	National avg.	Difference
Gasoline	$2.46	$2.59	5.0%
Tire Balancing	$42.50	$48.90	13.1%

Utilities

Item	Lady Lake	National avg.	Difference
All Electricity	$161.23	$167.60	3.8%
Phone	$183.84	$163.42	12.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Okahumpka, FL	50	94	-6%
Lake Panasoffkee, FL	3,376	80	-20%
Coleman, FL	508	82	-18%
Silver Springs Shores, FL	7,929	88	-12%
Belleview, FL	4,689	88	-12%
Lady Lake, FL	14,501	89	-11%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Harrisburg, NC	14,500	112	12%
Phelan, CA	14,503	105	5%
Berea, SC	14,497	89	-11%
Graham, NC	14,506	90	-10%
Hollins, VA	14,488	93	-7%
Lady Lake, FL	14,501	89	-11%

Source: The Lady Lake, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Lady Lake, FL Cost of Living

Find real estate listings

Find rental listings