Florence, AL vs Lakeland, FL
Cost of Living Comparison
Florence, AL is more affordable by 12.3 index points
Side-by-Side Comparison
| Category | Florence, AL | Lakeland, FL | Difference |
|---|---|---|---|
| Overall | 84.8 | 97.1 | -12.3 |
| Housing | 47.7 | 95.9 | -48.3 |
| Goods | 96.4 | 96.2 | +0.2 |
| Utilities | 85.8 | 86.9 | -1.1 |
| Other Services | 96.7 | 98.9 | -2.2 |
Income & Housing Comparison
| Metric | Florence, AL | Lakeland, FL |
|---|---|---|
| Median Household Income | $56,113 | $60,901 |
| Median Home Value | $164,400 | $215,700 |
| Median Monthly Rent | $787 | $1,192 |
| Per Capita Income | $31,940 | $30,262 |
Frequently Asked Questions
Is Florence, AL or Lakeland, FL cheaper to live in?
Florence, AL is more affordable. The cost of living difference is 12.3 index points (Florence, AL: 84.8, Lakeland, FL: 97.1).
Where is housing cheaper, Florence, AL or Lakeland, FL?
Housing is more affordable in Florence, AL. Housing index: Florence, AL (47.7) vs Lakeland, FL (95.9).