Cost of Living in Lakewood Ranch, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
196.1
100 = national avg
+96.1 vs national average
Living Wage (1 Adult)
$86,291
per year
Living Wage (Family of 4)
$203,960
per year
Cost Index by Category
Housing278.4
Food144.4
Transportation126.3
Healthcare135.5
Utilities162.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,686
per month
2 Bedroom
$1,958
per month
The overall cost of living index in Lakewood Ranch is 196.1, which is 96.1% above the national average. Housing costs are above the national average at an index of 278.4. A single adult needs to earn approximately $86,291 per year to cover basic expenses.