Cost of living and prices in Lakeland, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Lakeland is a vibrant city located in Northern America. It boasts a population of over 100,000 people and is situated at an elevation of 63 meters above sea level. The city operates in the GMT: -5.0 time zone and offers a variety of exciting experiences for locals and visitors alike.

With a lower cost of living compared to the national average, Lakeland offers affordable housing options, reasonable utility costs, and a lower overall cost of goods and services. Whether you're looking to buy a house or rent an apartment, you'll find plenty of affordable options in Lakeland. Plus, with a mild climate and plenty of outdoor activities to enjoy, it's a great place to call home.

If you're looking for a city with affordable living expenses and plenty of things to see and do, Lakeland is a top choice. With its friendly atmosphere, mild climate, and endless recreational opportunities, it's a great place to live, work, and play.

Cost of Living Estimate in Lakeland

Total cost of living in Lakeland for two person with average consumption for one month will be 1142.11 USD, no rent price included. Click here to calculate cost-of-living estimate in Lakeland

You can calculate cost of living in Lakeland by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Lakeland, located in the central region of Florida, is a city that offers a wide variety of dining options that cater to all palates. Food enthusiasts and travelers will have plenty of dining options that they can explore in Lakeland. This city boasts a diverse culinary scene that is influenced by different cultures and ethnicities. From upscale restaurants to casual diners, Lakeland has it all. For those who are looking for a fine dining experience, Lakeland has several restaurants that offer exceptional cuisine, outstanding service, and a sophisticated atmosphere. At the same time, there are also many casual dining options where you can enjoy a laid-back atmosphere.

Foodies and travelers will also enjoy the numerous local food establishments that offer unique and delicious cuisines that are exclusive to Lakeland. Whether you are a fan of seafood, burgers, pizza, or gourmet cuisine, there are several locally-owned restaurants that offer some of the best food in the city. Some of these dining establishments are located in the historic downtown area and offer visitors an opportunity to taste authentic Southern flavors. And, if you’re looking for a quick bite or something to eat on the go, Lakeland has a plethora of fast food and food truck options that offer a variety of cuisines at an affordable price point. Ultimately, no matter what your taste is or what your budget is, you can explore Lakeland’s diverse food scene and find something to satisfy your palate.

Meal in Inexpensive Restaurant
13.50 $
Meal for 2 People, Mid-range Restaurant, Three-course
45.00 $
McMeal at McDonalds or Alternative Combo Meal
8.00 $
Domestic Beer, 0.5 liter Draught
3.12 $
Imported Beer, 0.33 liter Bottle
5.00 $
Cappuccino
3.92 $
Coca-Cola, 0.33 liter Bottle
1.89 $

Markets prices

Lakeland, located in the state of Florida, has been witnessing an upward trend in its real estate market. With the growing population, the demand for real estate has also been increasing. The prices of homes in the area have been on a steady rise, making it challenging for potential buyers to land their dream properties without having to break their budget. However, the market here still offers good opportunities for real estate investors who can see the potential for growth and appreciate the value of holding assets in this city.

The commercial property market in Lakeland is also booming with new properties coming up, providing more options for small and large businesses alike. The increase in investment in commercial properties has led to a surge in the market prices, enabling property owners to command higher rents and generate better returns on their investment. The demand for office space in the area is also increasing, making it a lucrative option for commercial investors looking for long-term gains. Overall, the market prices in Lakeland are reflective of the city's steady growth and potential for future development.

Water, 0.33 liter Bottle
1.67 $
Milk, Regular,1 liter
0.98 $
Loaf of Fresh White Bread, 0.5 kg
2.75 $
White Rice, 1 kg
4.50 $
Eggs, 12 pack
1.85 $
Local Cheese, 1 kg
14.18 $
Chicken Breasts, Boneless and Skinless, 1 kg
10.83 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
14.17 $
Apples, 1 kg
2.92 $
Banana, 1 kg
1.30 $
Oranges, 1 kg
4.84 $
Tomato, 1 kg
2.92 $
Potato, 1 kg
3.64 $
Onion, 1 kg
3.42 $
Lettuce, 1 head
2.21 $
Water, 1.5 liter Bottle
1.83 $
Bottle of Wine, Mid-Range Price
11.00 $
Domestic Beer, 0.5 liter Bottle
2.84 $
Imported Beer, 0.33 liter Bottle
3.25 $
Pack of Cigarettes
7.95 $

Transportation prices

One of the most convenient transportation options in Lakeland is the Lakeland Area Mass Transit District (LAMTD). This public transportation system operates throughout the city, with fixed-route buses and paratransit services available. This is a great option for travelers who don't want to rent a car or deal with the hassle of navigating unfamiliar streets. The LAMTD buses are well-maintained and run on a reliable schedule, making it easy to get around Lakeland without worrying about traffic or parking.

If you're looking for something a bit more adventurous, why not try exploring Lakeland by bike? The city has several bike rental options, including a bike-share program and independent rental shops. Lakeland is known for its scenic bike trails, which wind through parks, nature reserves, and historic neighborhoods. There's even a trail that runs along the edge of Lake Hollingsworth, providing stunning views of the water and the surrounding landscape. Biking in Lakeland is a great way to get some exercise, soak up the sun, and see the city from a unique perspective.

One-way Ticket, Local Transport
1.50 $
Monthly Pass, Regular Price
48.50 $
Taxi Start, Normal Tariff
5.00 $
Taxi, price for 1 hour Waiting, Normal Tariff
15.00 $
Gasoline, 1 liter
0.62 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
21,845.00 $

Utilities Per Month prices

If you're planning to travel to Lakeland, it's important to know that utilities expenses could vary depending on your lifestyle and usage. The cost of electricity, water, heating, and cooling may be affected by different factors such as weather conditions and the type of accommodation you stay in. However, Lakeland has a reputation for providing affordable utility services. You can expect to have a reasonable bill for your home utilities, especially when compared to other cities in Florida. Additionally, most accommodations have included utilities, which makes settling into your vacation rental much easier.

While utilities expenses may not be the most exciting part of your Lakeland trip planning, understanding them can help you allocate your budget more effectively. One thing to note is that you may find some predictability in your water and electricity bills, but costs for heating and cooling may be more variable. Depending on the time of year you visit, Lakeland can be hot and humid, or mild and breezy; thus, climate control may be essential. However, with the affordable average utility costs in Lakeland, you can focus more on enjoying the attractions. In this city, you'll have access to diverse experiences such as water parks, art museums, and the iconic Lake Mirror.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
112.08 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.40 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
59.83 $

Sports And Leisure prices

If you're a sports enthusiast, you're in for a treat in Lakeland, the home of great sporting activities. The city boasts several parks with excellent facilities for basketball, soccer, tennis, volleyball, and softball. Whether you're a beginner or a pro, you'll find something to suit your skill level and interest. For golf lovers, Lakeland has several top-rated courses that will challenge your skills while giving you stunning views of the city's lush landscapes. The city is also dotted with lakes where you can indulge in water sports like fishing, jet-skiing, boating, and kayaking. Lakeland's sports and leisure options are limitless, and there's something for everyone.

Lakeland offers an array of leisure activities that guarantee an enjoyable time. You can start by exploring the city's numerous art galleries, museums, and historical sites that showcase the city's rich culture and history. If you're looking for an adrenaline rush, head to the aerial adventure park, where you can zip line, rope climb, and walk on hanging bridges. For a family-friendly experience, visit the local zoos and aquariums that showcase exotic animals from around the world. If you're a shopaholic, Lakeland has several malls, boutiques, and markets where you can find bargains on unique souvenirs, clothing, and accessories. Whatever your leisure preferences, Lakeland has it all, and you're sure to have a memorable time.

Fitness Club, Monthly Fee for 1 Adult
53.33 $
Tennis Court Rent, 1 Hour on Weekend
28.50 $

Salaries And Financing prices

If you're planning a trip to Lakeland, Florida, it's helpful to understand the city's average salaries and financing options. The city's median household income is higher than the national average, which means you'll find plenty of opportunities to work and earn a good wage. However, be prepared for a higher cost of living as well. Lakeland can be more expensive than other cities in Florida, especially when it comes to housing costs.

As for financing options, Lakeland is home to several banks and credit unions. Most financial institutions offer a range of loans and services to help you manage your finances, whether you're a visitor or a resident. You can find a variety of savings accounts, checking accounts, and credit cards at local banks, along with mortgage and personal loans. Many Florida banks also offer online banking options, so you can manage your accounts from anywhere in the world. Be sure to check the interest rates and fees before signing up.

Cinema ticket, 1 Seat
10.50 $
Average Monthly Net Salary, After Tax
3,107.00 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.12 %

Childcare prices

Childcare prices in Lakeland, United States can vary depending on the type of care that you are seeking for your child. Schools and Kindergartens, for instance, may offer different rates depending on their prestige, location, and quality of education. Generally speaking, Kindergartens offer more structured programs that aim to prepare children for formal education, while schools offer a wider range of programs for children of different ages.

When choosing a childcare provider in Lakeland, it's important to consider your budget as well as your child's needs. Some parents prefer to enroll their child in a full-time program that is open year-round, while others prefer more flexible options, such as part-time or drop-in care. Whatever your needs may be, it's important to research different providers and compare their offerings so that you can find the best fit for your family.

Private Preschool or Kindergarten, Monthly for 1 Child
819.25 $

Clothing And Shoes prices

When it comes to finding the latest fashion trends at affordable prices, Lakeland has got you covered. No matter your style preference, there are plenty of clothing and shoe stores in the area offering a diverse selection of products. With everything from designer brands to locally owned boutiques, the prices vary depending on the retailer and product type. Some of the popular places to shop for clothing and shoes in Lakeland include department stores, malls, and standalone stores.

From budget-friendly fast-fashion retailers to high-end fashion houses, Lakeland has it all. You can find everything from casual wear to formal attire, sports shoes to high-heeled pumps, and everything in between. Many stores offer online shopping as well, making it easier than ever to buy new clothing and shoes from the comfort of your home. With so many options to choose from, it's possible to find great deals on the clothes and shoes you love in Lakeland.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
43.00 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
19.67 $
Pair of Running Shoes, Mid-Range Price
79.50 $
Pair of Leather Business Shoes
85.00 $

Rent Per Month prices

Are you looking for a short-term accommodation option in Lakeland, United States? Look no further than short-term rentals and extended-stay options. These lodging options offer more flexibility than traditional hotels and can save you money in the long run. Plus, you'll have access to more amenities such as a fully equipped kitchen and laundry facilities, making it feel more like home. Don't let the stress of finding a place to stay in Lakeland weigh you down - explore the many short-term rental options available.

If you need a place to stay in Lakeland for an extended period of time, consider an extended-stay hotel. These hotels offer affordable rates for longer stays, giving you ample time to explore all that Lakeland has to offer. With a variety of rooms to choose from, you're sure to find one that meets your needs and budget. Plus, these hotels often offer a range of amenities such as complimentary breakfast, on-site fitness centers, and more. Don't break the bank trying to find a place to stay - check out the many extended-stay hotel options available in Lakeland.

One bedroom apartment in city centre
966.50 $
One bedroom apartment outside of city centre
907.33 $
Three bedroom apartment in city centre
1,675.00 $
Three bedroom apartment outside of city centre
1,440.00 $

Buy Apartment prices

Lakeland, a city located in central Florida, has a diverse range of real estate options available for those looking to invest in property. From modern condominiums to traditional single-family homes, Lakeland has a little something for everyone. Additionally, many of these properties come with desirable features like spacious yards, swimming pools, and convenient access to nearby amenities.

While most of the real estate options in Lakeland fall within a relatively affordable price range, there are still plenty of high-end properties for those looking for a more luxurious lifestyle. Investors can also expect to find a range of financing options and mortgage rates to choose from, making it easy to find a payment plan that fits their budget. Additionally, the city's growing real estate market means that many properties are increasing in value, making it a great time to purchase real estate in Lakeland.

Price per m2 to Buy Apartment in City Center
1,933.24 $
Price per m2 to Buy Apartment Outside of City Center
1,162.69 $