CostByCity

Lakeland, FL vs Phoenix, AZ

Cost of Living Comparison

Lakeland, FL is more affordable by 6.2 index points

Side-by-Side Comparison

CategoryLakeland, FLPhoenix, AZDifference
Overall97.1103.3-6.2
Housing95.9121.2-25.3
Goods96.295.0+1.2
Utilities86.993.3-6.4
Other Services98.9104.0-5.2

Income & Housing Comparison

MetricLakeland, FLPhoenix, AZ
Median Household Income$60,901$79,935
Median Home Value$215,700$360,600
Median Monthly Rent$1,192$1,432
Per Capita Income$30,262$40,787

Frequently Asked Questions

Is Lakeland, FL or Phoenix, AZ cheaper to live in?
Lakeland, FL is more affordable. The cost of living difference is 6.2 index points (Lakeland, FL: 97.1, Phoenix, AZ: 103.3).
Where is housing cheaper, Lakeland, FL or Phoenix, AZ?
Housing is more affordable in Lakeland, FL. Housing index: Lakeland, FL (95.9) vs Phoenix, AZ (121.2).