Cost of Living in Lake Alfred, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.7
100 = national avg
+13.7 vs national average
Living Wage (1 Adult)
$50,041
per year
Living Wage (Family of 4)
$118,279
per year
Cost Index by Category
Housing130.8
Food102.6
Transportation105.3
Healthcare102.1
Utilities107.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,230
per month
2 Bedroom
$1,497
per month
The overall cost of living index in Lake Alfred is 113.7, which is 13.7% above the national average. Housing costs are above the national average at an index of 130.8. A single adult needs to earn approximately $50,041 per year to cover basic expenses.