CostIndexUSA

Lakeland, FL vs Yakima, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Lakeland
97.1
overall index
$1,825/mo rent
More AffordableWA
Yakima
95.5
overall index
$1,300/mo rent

Yakima is slightly cheaper than Lakeland — 1.6% lower overall cost of living.

To match an $80,000 salary in Lakeland, you would need $78,700 in Yakima. Calculate your salary ↓

Category Breakdown

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

🏠 Housing24.3%
Lakeland
95.9
Yakima
72.6
🛒 Groceries+9.1%
Lakeland
96.2
Yakima
105
🚗 Transportation+0.6%
Lakeland
103.8
Yakima
104.4
🏥 Healthcare+0.6%
Lakeland
93.9
Yakima
94.5
Utilities+5.8%
Lakeland
86.9
Yakima
91.9

Salary Equivalency Calculator

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

$
Equivalent salary in Yakima, WA
$78,700
$1,300 less needed in Yakima

Formula: salary × (95.5 ÷ 97.1) = salary × 0.9835. 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×

Yakima, WA

Median Home Price
$342,000
Median Monthly Rent
$1,300
Housing Index
72.6
Price-to-Rent Ratio
21.9×

Lakeland has 24.3% lower housing costs compared to Yakima.

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

Yakima, WA

Median Household Income
$69,500
Per Capita Income
$39,600
Unemployment Rate
4.7%
Population
92,685
Top Industries
AgricultureHealthcareManufacturingRetailGovernment

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)

Yakima, WA
4.5×income-to-rent ratio

78% 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.