Cost of Living in Sky Lake, FL
Population 7,728 · Florida · Data vintage 2023
(100 = US avg)
Sky Lake is a smaller Florida community of around 8000 residents, where median household incomes of $65,161 and housing costs ($254,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.
Geographically, Sky Lake sits roughly 9 miles west of Orlando. Median home values run roughly 29% lower than Orlando's $359,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Sky Lake
The median home value in Sky Lake is $254,300 — 17% below the national median of $305,000. Median rent runs $1,538/month, 17% higher than the national median of $1,314/month. The median household income of $65,161/year is 13% lower than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Sky Lake has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.
Sky Lake has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Sky Lake, FL?
Sky Lake has a cost index of 97 (100 = national average). It is 3% below the national average.
What is average rent in Sky Lake, FL?
The median gross rent in Sky Lake is $1,538 per month based on 2023 Census data.
What is the average home price in Sky Lake?
The median home value in Sky Lake is $254,300 according to 2023 Census ACS data.
What is the median income in Sky Lake?
The median household income in Sky Lake is $65,161 per year (2023 ACS 5-year estimates).
What is the sales tax in Sky Lake, FL?
The combined state and local sales tax rate in Sky Lake is 7.0%. Florida has no state income tax.
Is Sky Lake, FL affordable?
Sky Lake is near the national average in terms of cost of living, with an index of 97 (100 = US average).
Sky Lake at a Glance
- Population
- 7,728
- Median Income
- $65,161
- Home Value
- $254,300
- Median Rent
- $1,538/mo
- Unemployment
- 2.3%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs