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Cost of Living in Lakeland, TN

118.1
Above Average · National average is 100

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$108,206
Median Income
$1,480/mo
Median Rent
$350,900
Median Home
13,811
Population

Cost Breakdown

🏠Housing
121.2
0Nat'l Avg (100)200
🛒Groceries
119.9
0Nat'l Avg (100)200
🚗Transportation
115.9
0Nat'l Avg (100)200
🏥Healthcare
98.2
0Nat'l Avg (100)200
⚡Utilities
115.8
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,154
est.
$1,302
est.
$1,480$1,894
est.
$2,161
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Lakeland with cities in the area

Arlington, TN
Expensive
124
Bartlett, TN
Above Average
106.2
Atoka, TN
Average
99.6
Millington, TN
Very Affordable
81.4
Germantown, TN
Expensive
131.1
Oakland, TN
Above Average
115.9
Compare Lakeland vs ArlingtonCompare Lakeland vs BartlettCompare Lakeland vs Atoka