Cost of Living in Lake Panasoffkee, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.6
100 = national avg
-18.4 vs national average
Living Wage (1 Adult)
$35,890
per year
Living Wage (Family of 4)
$84,831
per year
Cost Index by Category
Housing85.9
Food85.2
Transportation70.3
Healthcare88.1
Utilities88.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,139
per month
2 Bedroom
$1,328
per month
The overall cost of living index in Lake Panasoffkee is 81.6, which is 18.4% below the national average. Housing costs are below the national average at an index of 85.9. A single adult needs to earn approximately $35,890 per year to cover basic expenses.