Cost of Living in Westlake, FL

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

Cost of Living Overview

Overall Index

251.2

100 = national avg

+151.2 vs national average

Living Wage (1 Adult)

$110,521

per year

Living Wage (Family of 4)

$261,231

per year

Cost Index by Category

Housing
371.5
Food
157.0
Transportation
214.0
Healthcare
145.6
Utilities
188.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,901

per month

2 Bedroom

$2,254

per month

The overall cost of living index in Westlake is 251.2, which is 151.2% above the national average. Housing costs are above the national average at an index of 371.5. A single adult needs to earn approximately $110,521 per year to cover basic expenses.