Cost of Living in Lake Magdalene, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
125.8
100 = national avg
+25.8 vs national average
Living Wage (1 Adult)
$55,344
per year
Living Wage (Family of 4)
$130,814
per year
Cost Index by Category
Housing153.3
Food107.8
Transportation109.7
Healthcare106.2
Utilities115.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,696
per month
2 Bedroom
$1,977
per month
The overall cost of living index in Lake Magdalene is 125.8, which is 25.8% above the national average. Housing costs are above the national average at an index of 153.3. A single adult needs to earn approximately $55,344 per year to cover basic expenses.