CostIndexUSA

Aurora, IL vs Lakeland, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Aurora
103.6
overall index
$2,100/mo rent
More AffordableFL
Lakeland
97.1
overall index
$1,825/mo rent

Lakeland is moderately cheaper than Aurora — 6.3% lower overall cost of living.

To match an $80,000 salary in Aurora, you would need $75,000 in Lakeland. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing14.4%
Aurora
112
Lakeland
95.9
🛒 Groceries10.3%
Aurora
107.3
Lakeland
96.2
🚗 Transportation1.6%
Aurora
105.5
Lakeland
103.8
🏥 Healthcare1.7%
Aurora
95.5
Lakeland
93.9
Utilities+3.9%
Aurora
83.6
Lakeland
86.9

Salary Equivalency Calculator

Enter your current salary in Aurora to see what you'd need to earn in Lakeland to maintain the same purchasing power.

$
Equivalent salary in Lakeland, FL
$75,000
$5,000 less needed in Lakeland

Formula: salary × (97.1 ÷ 103.6) = salary × 0.9373. Based on BEA Regional Price Parities.

Housing Market

Aurora, IL

Median Home Price
$334,000
Median Monthly Rent
$2,100
Housing Index
112
Price-to-Rent Ratio
13.3×

Lakeland, FL

Median Home Price
$295,000
Median Monthly Rent
$1,825
Housing Index
95.9
Price-to-Rent Ratio
13.5×

Aurora has 14.4% lower housing costs compared to Lakeland.

Income & Job Market

Aurora, IL

Median Household Income
$87,100
Per Capita Income
$49,600
Unemployment Rate
4.9%
Population
197,899
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

Lakeland, FL

Median Household Income
$66,900
Per Capita Income
$38,100
Unemployment Rate
3.7%
Population
119,428
Top Industries
HealthcareLogisticsManufacturingRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Aurora, IL
3.5×income-to-rent ratio

71% of income left after rent (median)

Lakeland, FL
3.1×income-to-rent ratio

67% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.