Cost of Living in Three Lakes, FL
Population 16,426 · Florida · Data vintage 2023
(100 = US avg)
Three Lakes sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.
Three Lakes sits roughly 15 miles southwest of Miami — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 9% lower than Miami's $475,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Three Lakes
The median home value in Three Lakes is $434,800 — 43% above the national median of $305,000. Median rent runs $2,255/month, 72% higher than the national median of $1,314/month. The median household income of $91,364/year is 23% higher than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Three Lakes has a cost of living index of 154 versus the US average of 100, meaning it is 54% 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Three Lakes, FL?
Three Lakes has a cost index of 154 (100 = national average). It is 54% above the national average.
What is average rent in Three Lakes, FL?
The median gross rent in Three Lakes is $2,255 per month based on 2023 Census data.
What is the average home price in Three Lakes?
The median home value in Three Lakes is $434,800 according to 2023 Census ACS data.
What is the median income in Three Lakes?
The median household income in Three Lakes is $91,364 per year (2023 ACS 5-year estimates).
What is the sales tax in Three Lakes, FL?
The combined state and local sales tax rate in Three Lakes is 7.0%. Florida has no state income tax.
Is Three Lakes, FL affordable?
Three Lakes is above average in cost of living, with an index of 154 — about 54% higher than the national average.
Three Lakes at a Glance
- Population
- 16,426
- Median Income
- $91,364
- Home Value
- $434,800
- Median Rent
- $2,255/mo
- Unemployment
- 2.8%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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