CostIndexUSA

Corvallis, OR vs Lakeland, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableFL
Lakeland
97.1
overall index
$1,825/mo rent

Lakeland is moderately cheaper than Corvallis — 6.6% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $74,700 in Lakeland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.2%
Corvallis
114.4
Lakeland
95.9
🛒 Groceries8.6%
Corvallis
105.3
Lakeland
96.2
🚗 Transportation1.4%
Corvallis
105.3
Lakeland
103.8
🏥 Healthcare1.5%
Corvallis
95.3
Lakeland
93.9
Utilities20.0%
Corvallis
108.6
Lakeland
86.9

Salary Equivalency Calculator

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

$
Equivalent salary in Lakeland, FL
$74,700
$5,300 less needed in Lakeland

Formula: salary × (97.1 ÷ 104) = salary × 0.9337. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Lakeland, FL

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

Corvallis has 16.2% lower housing costs compared to Lakeland.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

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).

Corvallis, OR
3.1×income-to-rent ratio

68% 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.