CostIndexUSA

Boise, ID vs Lakeland, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ID
Boise
98.4
overall index
$1,750/mo rent
More AffordableFL
Lakeland
97.1
overall index
$1,825/mo rent

Lakeland is slightly cheaper than Boise — 1.3% lower overall cost of living.

To match an $80,000 salary in Boise, you would need $78,900 in Lakeland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing9.2%
Boise
105.6
Lakeland
95.9
🛒 Groceries≈ Equal
Boise
96.2
Lakeland
96.2
🚗 Transportation≈ Equal
Boise
103.9
Lakeland
103.8
🏥 Healthcare≈ Equal
Boise
94
Lakeland
93.9
Utilities+22.9%
Boise
70.7
Lakeland
86.9

Salary Equivalency Calculator

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

$
Equivalent salary in Lakeland, FL
$78,900
$1,100 less needed in Lakeland

Formula: salary × (97.1 ÷ 98.4) = salary × 0.9868. Based on BEA Regional Price Parities.

Housing Market

Boise, ID

Median Home Price
$479,000
Median Monthly Rent
$1,750
Housing Index
105.6
Price-to-Rent Ratio
22.8×

Lakeland, FL

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

Boise has 9.2% lower housing costs compared to Lakeland.

Income & Job Market

Boise, ID

Median Household Income
$82,500
Per Capita Income
$47,000
Unemployment Rate
3.3%
Population
235,984
Top Industries
TechnologyHealthcareManufacturingFinanceAgriculture

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).

Boise, ID
3.9×income-to-rent ratio

75% 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.