Cost of Living in Lakewood Park, FL
Population 14,077 · Florida · Data vintage 2023
(100 = US avg)
Lakewood Park is a smaller Florida community of around 14000 residents, where median household incomes of $64,848 and housing costs ($253,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 20 miles north of Port St. Lucie, Lakewood Park falls within that metro's commuting orbit. Median home values run roughly 23% lower than Port St. Lucie's $328,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lakewood Park
The median home value in Lakewood Park is $252,900 — 17% below the national median of $305,000. Median rent runs $1,185/month, 10% lower than the national median of $1,314/month. The median household income of $64,848/year is 13% lower than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Lakewood Park has a cost of living index of 86 versus the US average of 100, meaning it is 14% less 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lakewood Park, FL?
Lakewood Park has a cost index of 86 (100 = national average). It is 14% below the national average.
What is average rent in Lakewood Park, FL?
The median gross rent in Lakewood Park is $1,185 per month based on 2023 Census data.
What is the average home price in Lakewood Park?
The median home value in Lakewood Park is $252,900 according to 2023 Census ACS data.
What is the median income in Lakewood Park?
The median household income in Lakewood Park is $64,848 per year (2023 ACS 5-year estimates).
What is the sales tax in Lakewood Park, FL?
The combined state and local sales tax rate in Lakewood Park is 7.0%. Florida has no state income tax.
Is Lakewood Park, FL affordable?
Yes, Lakewood Park is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.
Lakewood Park at a Glance
- Population
- 14,077
- Median Income
- $64,848
- Home Value
- $252,900
- Median Rent
- $1,185/mo
- Unemployment
- 4.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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