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Fort Meade, FL vs Lake Kerr, FL

74
Fort Meade
Florida
VS
+19.5%
62
Lake Kerr
Florida

There is a significant gap in the cost of living between these two cities. Lake Kerr is 19.5% cheaper than Fort Meade. With a cost index of 62 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Kerr to Fort Meade should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fort Meade is $919/month compared to $607/month in Lake Kerr — a 51% difference. Home values follow the same pattern: Lake Kerr is more affordable at $118,800 median vs $141,500.

Median household income in Fort Meade is $35,131 compared to $43,472 in Lake Kerr (-19.2%). Lake Kerr offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fort Meade spend roughly 31.4% of their income on rent, more than the 16.8% in Lake Kerr. The Lake Kerr ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Fort Meade
74
Lake Kerr
62
16% cheaper
Median Household Income
Fort Meade
$35,131
Lake Kerr
$43,472
19% higher

Housing

Median Rent
Fort Meade
$919
Lake Kerr
$607
34% cheaper
Median Home Value
Fort Meade
$141,500
Lake Kerr
$118,800
16% cheaper
Population
Fort Meade
5,172
Lake Kerr
1,767

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fort Meade $2.95
Lake Kerr $2.95
US $3.07
🥚
Eggs (grade A, large)
Fort Meade $2.41
Lake Kerr $2.41
US $2.50
🥛
Milk (whole)
Fort Meade $3.88
Lake Kerr $3.88
US $4.03
🍞
Bread (white)
Fort Meade $1.78
Lake Kerr $1.78
US $1.85
🍗
Chicken breast
Fort Meade $3.99
Lake Kerr $3.99
US $4.14
Electricity
Fort Meade $0.17
Lake Kerr $0.18
US $0.19