CostIndexUSA

Lakeland, FL vs Tuscaloosa, AL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Lakeland
97.1
overall index
$1,825/mo rent
More AffordableAL
Tuscaloosa
87.7
overall index
$1,525/mo rent

Tuscaloosa is moderately cheaper than Lakeland — 9.7% lower overall cost of living.

To match an $80,000 salary in Lakeland, you would need $72,300 in Tuscaloosa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing39.3%
Lakeland
95.9
Tuscaloosa
58.2
🛒 Groceries≈ Equal
Lakeland
96.2
Tuscaloosa
96.4
🚗 Transportation2.2%
Lakeland
103.8
Tuscaloosa
101.5
🏥 Healthcare2.1%
Lakeland
93.9
Tuscaloosa
91.9
Utilities2.9%
Lakeland
86.9
Tuscaloosa
84.4

Salary Equivalency Calculator

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

$
Equivalent salary in Tuscaloosa, AL
$72,300
$7,700 less needed in Tuscaloosa

Formula: salary × (87.7 ÷ 97.1) = salary × 0.9032. Based on BEA Regional Price Parities.

Housing Market

Lakeland, FL

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

Tuscaloosa, AL

Median Home Price
$213,000
Median Monthly Rent
$1,525
Housing Index
58.2
Price-to-Rent Ratio
11.6×

Lakeland has 39.3% lower housing costs compared to Tuscaloosa.

Income & Job Market

Lakeland, FL

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

Tuscaloosa, AL

Median Household Income
$58,200
Per Capita Income
$33,200
Unemployment Rate
5.9%
Population
99,543
Top Industries
EducationHealthcareManufacturingAutomotiveGovernment

Affordability at a Glance

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

Lakeland, FL
3.1×income-to-rent ratio

67% of income left after rent (median)

Tuscaloosa, AL
3.2×income-to-rent ratio

69% 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.