City Comparison

Fayetteville vs Lakeland

Cost of Living Comparison · 2026

Fayetteville

Arkansas
90
Below Average
$332,000
Median Home
$1,025/mo
Median Rent
$59,100
Median Income

Lakeland

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

The Verdict

2.2%

Living in Fayetteville costs 2.2% less than Lakeland. To match the purchasing power of a $75,000 salary in Fayetteville, you would need $76,667 in Lakeland.

Category-by-Category Breakdown

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

Housing
94
Fayetteville
79
Lakeland
Groceries
92
Fayetteville
103
Lakeland
Utilities
98
Fayetteville
102
Lakeland
Transportation
95
Fayetteville
85
Lakeland
Healthcare
78
Fayetteville
95
Lakeland

Salary Equivalence

A $75,000 salary in Fayetteville has the same purchasing power as $76,667 in Lakeland.

Conversely, $75,000 in Lakeland equals $73,370 in Fayetteville.

Living in Fayetteville vs Lakeland

Housing Costs

Fayetteville's housing index of 94 is higher Lakeland's 79, translating to median home prices of $332,000 vs $307,000. The $25,000 difference in home prices means roughly $1,620 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,025/mo in Fayetteville compared to $1,525/mo in Lakeland, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 92 in Fayetteville and 103 in Lakeland. A household spending the national average of $475/month on groceries would pay approximately $437/month in Fayetteville vs $489/month in Lakeland. Fayetteville offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 98 in Fayetteville and 102 in Lakeland. Monthly utility bills average approximately $392 in Fayetteville vs $408 in Lakeland. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 78 in Fayetteville and 95 in Lakeland. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 17-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $59,100 in Fayetteville and $64,200 in Lakeland. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $65,667 and $69,783 respectively. Lakeland residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,379/month to housing in Fayetteville vs $1,498/month in Lakeland. In Fayetteville, median rent of $1,025/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 Healthcare, where the gap is 17 index points — focus your budget analysis there.

Frequently Asked Questions

Fayetteville is 2.2% more affordable overall with an index of 90 vs 92.
A $75,000 salary in Fayetteville has equivalent purchasing power to approximately $76,667 in Lakeland, based on the cost of living difference.
Fayetteville's housing index is 94 with median homes at $332,000, while Lakeland's is 79 with median homes at $307,000.

Moving & Relocation Resources

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