CostIndexUSA

Lakeland, FL vs Little Rock, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Lakeland
97.1
overall index
$1,825/mo rent
More AffordableAR
Little Rock
89.4
overall index
$1,200/mo rent

Little Rock is moderately cheaper than Lakeland — 7.9% lower overall cost of living.

To match an $80,000 salary in Lakeland, you would need $73,700 in Little Rock. Calculate your salary ↓

Category Breakdown

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

🏠 Housing28.8%
Lakeland
95.9
Little Rock
68.3
🛒 Groceries2.7%
Lakeland
96.2
Little Rock
93.6
🚗 Transportation3.6%
Lakeland
103.8
Little Rock
100.1
🏥 Healthcare3.6%
Lakeland
93.9
Little Rock
90.5
Utilities14.2%
Lakeland
86.9
Little Rock
74.6

Salary Equivalency Calculator

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

$
Equivalent salary in Little Rock, AR
$73,700
$6,300 less needed in Little Rock

Formula: salary × (89.4 ÷ 97.1) = salary × 0.9207. Based on BEA Regional Price Parities.

Housing Market

Lakeland, FL

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

Little Rock, AR

Median Home Price
$222,000
Median Monthly Rent
$1,200
Housing Index
68.3
Price-to-Rent Ratio
15.4×

Lakeland has 28.8% lower housing costs compared to Little Rock.

Income & Job Market

Lakeland, FL

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

Little Rock, AR

Median Household Income
$66,200
Per Capita Income
$37,700
Unemployment Rate
3.4%
Population
202,591
Top Industries
GovernmentHealthcareRetailFinanceManufacturing

Affordability at a Glance

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

Lakeland, FL
3.1×income-to-rent ratio

67% of income left after rent (median)

Little Rock, AR
4.6×income-to-rent ratio

78% 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.