City Comparison

Gulfport vs Lakeland

Cost of Living Comparison · 2026

Gulfport

Mississippi
83
Very Affordable
$185,000
Median Home
$1,000/mo
Median Rent
$48,000
Median Income

Lakeland

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

The Verdict

9.8%

The cost gap between these cities is 9.8%, with Gulfport being the more affordable option. A $75,000 income in Gulfport has equivalent purchasing power to $83,133 in Lakeland.

Category-by-Category Breakdown

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

Housing
55
Gulfport
79
Lakeland
Groceries
95
Gulfport
103
Lakeland
Utilities
99
Gulfport
102
Lakeland
Transportation
105
Gulfport
85
Lakeland
Healthcare
98
Gulfport
95
Lakeland

Salary Equivalence

A $75,000 salary in Gulfport has the same purchasing power as $83,133 in Lakeland.

Conversely, $75,000 in Lakeland equals $67,663 in Gulfport.

Living in Gulfport vs Lakeland

Housing Costs

Gulfport's housing index of 55 is lower Lakeland's 79, translating to median home prices of $185,000 vs $307,000. The $122,000 difference in home prices means roughly $7,932 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Gulfport compared to $1,525/mo in Lakeland, a monthly difference of $525.

Grocery & Food Costs

Grocery expenses index at 95 in Gulfport and 103 in Lakeland. A household spending the national average of $475/month on groceries would pay approximately $451/month in Gulfport vs $489/month in Lakeland. Gulfport offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Gulfport and 102 in Lakeland. Monthly utility bills average approximately $396 in Gulfport vs $408 in Lakeland. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 98 in Gulfport 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 $48,000 in Gulfport and $64,200 in Lakeland. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,831 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 $1,120/month to housing in Gulfport vs $1,498/month in Lakeland. In Gulfport, median rent of $1,000/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 24 index points — focus your budget analysis there.

Frequently Asked Questions

Gulfport is 9.8% more affordable overall with an index of 83 vs 92.
A $75,000 salary in Gulfport has equivalent purchasing power to approximately $83,133 in Lakeland, based on the cost of living difference.
Gulfport's housing index is 55 with median homes at $185,000, while Lakeland's is 79 with median homes at $307,000.

Moving & Relocation Resources

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