Chicago, IL vs Lakeland, FL
Cost of Living Comparison
Lakeland, FL is more affordable by 6.5 index points
Side-by-Side Comparison
| Category | Chicago, IL | Lakeland, FL | Difference |
|---|---|---|---|
| Overall | 103.6 | 97.1 | +6.5 |
| Housing | 112.0 | 95.9 | +16.1 |
| Goods | 107.3 | 96.2 | +11.0 |
| Utilities | 83.6 | 86.9 | -3.3 |
| Other Services | 100.5 | 98.9 | +1.6 |
Income & Housing Comparison
| Metric | Chicago, IL | Lakeland, FL |
|---|---|---|
| Median Household Income | $85,087 | $60,901 |
| Median Home Value | $288,400 | $215,700 |
| Median Monthly Rent | $1,310 | $1,192 |
| Per Capita Income | $45,977 | $30,262 |
Frequently Asked Questions
Is Chicago, IL or Lakeland, FL cheaper to live in?
Lakeland, FL is more affordable. The cost of living difference is 6.5 index points (Chicago, IL: 103.6, Lakeland, FL: 97.1).
Where is housing cheaper, Chicago, IL or Lakeland, FL?
Housing is more affordable in Lakeland, FL. Housing index: Chicago, IL (112.0) vs Lakeland, FL (95.9).