CostIndexUSA

Jonesboro, AR vs Lakeland, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableAR
Jonesboro
85.9
overall index
$1,325/mo rent
FL
Lakeland
97.1
overall index
$1,825/mo rent

Jonesboro is moderately cheaper than Lakeland — 13.0% lower overall cost of living.

To match an $80,000 salary in Jonesboro, you would need $90,400 in Lakeland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+78.3%
Jonesboro
53.8
Lakeland
95.9
🛒 Groceries+2.8%
Jonesboro
93.6
Lakeland
96.2
🚗 Transportation+3.7%
Jonesboro
100.1
Lakeland
103.8
🏥 Healthcare+3.8%
Jonesboro
90.5
Lakeland
93.9
Utilities+15.9%
Jonesboro
75
Lakeland
86.9

Salary Equivalency Calculator

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

$
Equivalent salary in Lakeland, FL
$90,400
$10,400 more needed in Lakeland

Formula: salary × (97.1 ÷ 85.9) = salary × 1.1304. Based on BEA Regional Price Parities.

Housing Market

Jonesboro, AR

Median Home Price
$196,000
Median Monthly Rent
$1,325
Housing Index
53.8
Price-to-Rent Ratio
12.3×

Lakeland, FL

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

Lakeland has 78.3% higher housing costs compared to Jonesboro.

Income & Job Market

Jonesboro, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
77,678
Top Industries
HealthcareEducationManufacturingRetailAgriculture

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).

Jonesboro, AR
3.7×income-to-rent ratio

73% 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.