Calculate using real Lakeland data. Median home price: $275,000. Property tax rate: 0.84%.
Lakeland, FL has a cost of living index of 92, where 100 represents the national average. This means living in Lakeland is 8% less expensive the national average.
The median household income in Lakeland, FL is $48,726. Combined with a cost of living index of 92, this provides a picture of purchasing power in the area.
The median home price in Lakeland, FL is $275,000 with a property tax rate of 0.84%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,733.