Cost of Living in Lake Wales, FL
Population: 16,365 | Florida
85
Cost of Living Index
US Average = 100
Lake Wales is 15% less expensive than the national average.
80
Housing
74
Home Values
98
Regional Price
Income
- Median Household Income
- $55,799
- vs US Median ($75,149)
- -26%
Housing
- Median Rent
- $1,060/mo
- Median Home Value
- $225,900
- Median Monthly Housing Cost
- $1,019/mo
Everyday Prices in Lake Wales
BLS Average Prices for the Lakeland-Winter Haven, FL (Metropolitan Statistical Area) area
⛽
$2.95
Gasoline (regular)
per gallon
-4% vs US
🥚
$2.41
Eggs (grade A, large)
per dozen
-4% vs US
🥛
$3.88
Milk (whole)
per gallon
-4% vs US
🍞
$1.78
Bread (white)
per lb
-4% vs US
🍗
$3.99
Chicken breast
per lb
-4% vs US
⚡
$0.17
Electricity
per kWh
-9% vs US
Climate in Lake Wales
NOAA 30-year normals (1991-2020)
74.6°F
Avg Temperature
46.1"
Rainfall / Year
128d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 73 | 76 | 80 | 85 | 90 | 92 | 93 | 93 | 91 | 86 | 80 | 74 |
| Avg °F | 62 | 65 | 69 | 74 | 79 | 83 | 84 | 84 | 83 | 77 | 70 | 65 |
| Low °F | 52 | 55 | 59 | 63 | 69 | 74 | 75 | 76 | 74 | 68 | 60 | 55 |
| Rain" | 2.5 | 2.4 | 3.0 | 2.5 | 2.7 | 7.4 | 7.4 | 6.5 | 5.3 | 2.2 | 1.5 | 2.7 |