Cost of Living in Lake Kerr, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.3
100 = national avg
-28.7 vs national average
Living Wage (1 Adult)
$31,351
per year
Living Wage (Family of 4)
$74,101
per year
Cost Index by Category
Housing62.6
Food83.2
Transportation66.5
Healthcare86.6
Utilities82.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,172
per month
2 Bedroom
$1,373
per month
The overall cost of living index in Lake Kerr is 71.3, which is 28.7% below the national average. Housing costs are below the national average at an index of 62.6. A single adult needs to earn approximately $31,351 per year to cover basic expenses.