CostIndexUSA

Lake Charles, LA vs Ocala, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent
FL
Ocala
95.2
overall index
$1,600/mo rent

Lake Charles is moderately cheaper than Ocala — 10.8% lower overall cost of living.

To match an $80,000 salary in Lake Charles, you would need $88,700 in Ocala. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+66.4%
Lake Charles
51.8
Ocala
86.2
🛒 Groceries+2.7%
Lake Charles
93.7
Ocala
96.2
🚗 Transportation+3.3%
Lake Charles
100.5
Ocala
103.8
🏥 Healthcare+3.3%
Lake Charles
90.9
Ocala
93.9
Utilities+21.5%
Lake Charles
71.7
Ocala
87.1

Salary Equivalency Calculator

Enter your current salary in Lake Charles to see what you'd need to earn in Ocala to maintain the same purchasing power.

$
Equivalent salary in Ocala, FL
$88,700
$8,700 more needed in Ocala

Formula: salary × (95.2 ÷ 85.9) = salary × 1.1083. Based on BEA Regional Price Parities.

Housing Market

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

Ocala, FL

Median Home Price
$271,000
Median Monthly Rent
$1,600
Housing Index
86.2
Price-to-Rent Ratio
14.1×

Ocala has 66.4% higher housing costs compared to Lake Charles.

Income & Job Market

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

Ocala, FL

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
63,591
Top Industries
HealthcareEquestrianManufacturingRetailAgriculture

Affordability at a Glance

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

Lake Charles, LA
4.7×income-to-rent ratio

79% of income left after rent (median)

Ocala, 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.