Cost of Living in Lake Lorraine, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

145.3

100 = national avg

+45.3 vs national average

Living Wage (1 Adult)

$63,910

per year

Living Wage (Family of 4)

$151,061

per year

Cost Index by Category

Housing
174.1
Food
120.0
Transportation
140.1
Healthcare
116.0
Utilities
126.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,581

per month

2 Bedroom

$1,785

per month

The overall cost of living index in Lake Lorraine is 145.3, which is 45.3% above the national average. Housing costs are above the national average at an index of 174.1. A single adult needs to earn approximately $63,910 per year to cover basic expenses.