Lantana, FL Cost Of Living
Cost Of Living In Lantana, FL Summary
Cost of living in Lantana research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lantana is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lantana is 97, with 100 being the average.
The cost of living index in Lantana is 1.0x lower than the national average.
Lantana ranks as the #203 cheapest in Florida out of 459.
Lantana ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Lantana is $260,700.
The median income in Lantana is $57,683.
Table Of Contents
Lantana's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lantana, FL?
According to the most recent data on the cost of living, Lantana has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Lantana has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Lantana ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Lantana ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Lantana, check out:
- Living In Lantana
- Lantana Crime Report
- Search Homes For Sale In Lantana, FL
In Florida
In America
Lantana Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lantana. Here is how it fairs on each of the criteria:
The Services index in Lantana is 100.
The Groceries index in Lantana is 117.
The Health index in Lantana is 103.
The Housing index in Lantana is 88.
The Transportation index in Lantana is 108.
The Utilities index in Lantana is 97.
| Living Expense | Lantana | Florida | National Average | |
|---|---|---|---|---|
| Overall | 97 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 117 | 101 | 100 | |
| Health | 103 | 96 | 100 | |
| Housing | 88 | 108 | 100 | |
| Transportation | 108 | 98 | 100 | |
| Utilities | 97 | 100 | 100 | |
Lantana, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lantana is $260,700.
The Median Rent in Lantana is $1,335.
The Median Income in Lantana is $57,683.
The Home Value To Income in Lantana is 4.5x.
The Rent To Monthly Income in Lantana is 0.28x.
| Statistic | Lantana | Florida | United States |
|---|---|---|---|
| Median Home Value | $260,700 | $248,700 | $244,900 |
| Median Rent | $1,335 | $1,301 | $1,163 |
| Median Income | $57,683 | $61,777 | $69,021 |
| Home Value To Income | 4.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Lantana, FL Costs By Category
Detailed Lantana Services Costs Vs. Florida
Detailed Lantana Groceries Costs Vs. Florida
Detailed Lantana Health Costs Vs. Florida
Detailed Lantana Transportation Costs Vs. Florida
Detailed Lantana Utilities Costs Vs. Florida
Lantana SnackAbility
/10
Cost Of Living In Cities Around Lantana
The cost of living varies in the cities and towns around Lantana. Here's a quick look at the cost of living in the most populous nearby places:
Boca Raton, FL has a cost of living index of 128, 1.3x Lantana.
Deerfield Beach, FL has a cost of living index of 97, 1.0x Lantana.
Boynton Beach, FL has a cost of living index of 102, 1.1x Lantana.
| City | Population | Cost Of Living | Vs. Lantana |
|---|---|---|---|
| Boca Raton, FL | 95,347 | 128 | 1.3x |
| Deerfield Beach, FL | 86,062 | 97 | 1.0x |
| Boynton Beach, FL | 79,479 | 102 | 1.1x |
| Wellington, FL | 61,445 | 125 | 1.3x |
| Palm Beach Gardens, FL | 58,482 | 122 | 1.3x |
| Greenacres, FL | 43,482 | 98 | 1.0x |
| The Acreage, FL | 40,771 | 115 | 1.2x |
| Royal Palm Beach, FL | 38,697 | 112 | 1.2x |
| Palm Springs, FL | 26,611 | 96 | 1.0x |
| North Palm Beach, FL | 13,096 | 116 | 1.2x |
