Cost of Living in Lakeland, TN
Population: 14,068 | Tennessee
112
Cost of Living Index
US Average = 100
Lakeland is 12% more expensive than the national average.
122
Housing
123
Home Values
92
Regional Price
Income
- Median Household Income
- $113,843
- vs US Median ($75,149)
- +51%
Housing
- Median Rent
- $1,611/mo
- Median Home Value
- $373,800
- Median Monthly Housing Cost
- $1,817/mo
Everyday Prices in Lakeland
BLS Average Prices for the Memphis, TN-MS-AR (Metropolitan Statistical Area) area
⛽
$2.89
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.36
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.80
Milk (whole)
per gallon
-6% vs US
🍞
$1.75
Bread (white)
per lb
-6% vs US
🍗
$3.91
Chicken breast
per lb
-6% vs US
⚡
$0.15
Electricity
per kWh
-23% vs US