CostIndexUSA

Denver, CO vs Lakeland, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Denver
105.8
overall index
$1,850/mo rent
More AffordableFL
Lakeland
97.1
overall index
$1,825/mo rent

Lakeland is moderately cheaper than Denver — 8.2% lower overall cost of living.

To match an $80,000 salary in Denver, you would need $73,400 in Lakeland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing34.7%
Denver
146.9
Lakeland
95.9
🛒 Groceries4.8%
Denver
101
Lakeland
96.2
🚗 Transportation0.6%
Denver
104.4
Lakeland
103.8
🏥 Healthcare0.6%
Denver
94.5
Lakeland
93.9
Utilities1.1%
Denver
87.9
Lakeland
86.9

Salary Equivalency Calculator

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

$
Equivalent salary in Lakeland, FL
$73,400
$6,600 less needed in Lakeland

Formula: salary × (97.1 ÷ 105.8) = salary × 0.9178. Based on BEA Regional Price Parities.

Housing Market

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Lakeland, FL

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

Denver has 34.7% lower housing costs compared to Lakeland.

Income & Job Market

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Lakeland, FL

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

Affordability at a Glance

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

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Lakeland, FL
3.1×income-to-rent ratio

67% 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.