City Comparison

Abilene vs Lakeland

Cost of Living Comparison · 2026

Abilene

Texas
80
Very Affordable
$179,000
Median Home
$950/mo
Median Rent
$62,600
Median Income

Lakeland

Florida
92
Below Average
$307,000
Median Home
$1,525/mo
Median Rent
$64,200
Median Income

The Verdict

13.0%

The cost gap between these cities is 13.0%, with Abilene being the more affordable option. A $75,000 income in Abilene has equivalent purchasing power to $86,250 in Lakeland.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
58
Abilene
79
Lakeland
Groceries
91
Abilene
103
Lakeland
Utilities
97
Abilene
102
Lakeland
Transportation
89
Abilene
85
Lakeland
Healthcare
96
Abilene
95
Lakeland

Salary Equivalence

A $75,000 salary in Abilene has the same purchasing power as $86,250 in Lakeland.

Conversely, $75,000 in Lakeland equals $65,217 in Abilene.

Living in Abilene vs Lakeland

Housing Costs

Abilene's housing index of 58 is lower Lakeland's 79, translating to median home prices of $179,000 vs $307,000. The $128,000 difference in home prices means roughly $8,316 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Abilene compared to $1,525/mo in Lakeland, a monthly difference of $575.

Grocery & Food Costs

Grocery expenses index at 91 in Abilene and 103 in Lakeland. A household spending the national average of $475/month on groceries would pay approximately $432/month in Abilene vs $489/month in Lakeland. Abilene offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Abilene and 102 in Lakeland. Monthly utility bills average approximately $388 in Abilene vs $408 in Lakeland. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Abilene and 95 in Lakeland. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $62,600 in Abilene and $64,200 in Lakeland. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $78,250 and $69,783 respectively. Abilene residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,461/month to housing in Abilene vs $1,498/month in Lakeland. In Abilene, median rent of $950/mo fits within this budget. In Lakeland, median rent of $1,525/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 21 index points — focus your budget analysis there.

Frequently Asked Questions

Abilene is 13.0% more affordable overall with an index of 80 vs 92.
A $75,000 salary in Abilene has equivalent purchasing power to approximately $86,250 in Lakeland, based on the cost of living difference.
Abilene's housing index is 58 with median homes at $179,000, while Lakeland's is 79 with median homes at $307,000.

Moving & Relocation Resources

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