Cost of Living in Lake Mary, FL
Population 16,724 · Florida · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Lake Mary a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $462,000. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.
Located 25 miles north of Orlando, Lake Mary falls within that metro's commuting orbit. Median home values run roughly 29% higher than Orlando's $359,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Mary
The median home value in Lake Mary is $462,200 — 52% above the national median of $305,000. Median rent runs $1,999/month, 52% higher than the national median of $1,314/month. The median household income of $116,944/year is 57% higher than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 83.1°F and lows of 63.2°F. Overall, Lake Mary has a cost of living index of 152 versus the US average of 100, meaning it is 52% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 71 | 74 | 78 | 83 | 89 | 91 | 93 | 93 | 90 | 85 | 78 | 73 |
| Low °F | 50 | 52 | 56 | 61 | 67 | 73 | 74 | 75 | 73 | 67 | 58 | 53 |
| Precip" | 2.36 | 2.25 | 2.85 | 2.35 | 3.31 | 8.19 | 7.29 | 6.77 | 6.24 | 3.90 | 1.88 | 2.24 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lake Mary, FL?
Lake Mary has a cost index of 152 (100 = national average). It is 52% above the national average.
What is average rent in Lake Mary, FL?
The median gross rent in Lake Mary is $1,999 per month based on 2023 Census data.
What is the average home price in Lake Mary?
The median home value in Lake Mary is $462,200 according to Zillow and Census data.
What is the median income in Lake Mary?
The median household income in Lake Mary is $116,944 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Mary, FL?
The combined state and local sales tax rate in Lake Mary is 7.0%. Florida has no state income tax.
Is Lake Mary, FL affordable?
Lake Mary is above average in cost of living, with an index of 152 — about 52% higher than the national average.
What is the weather like in Lake Mary?
Lake Mary has average high temperatures of 83.1°F and average lows of 63.2°F. Annual precipitation is 49.6". Data from NOAA 1991–2020 Climate Normals.
Lake Mary at a Glance
- Population
- 16,724
- Median Income
- $116,944
- Home Value
- $462,200
- Median Rent
- $1,999/mo
- Unemployment
- 2.4%
- Avg High Temp
- 83.1°F
- Sales Tax
- 7.0%
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Florida Rankings
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