City Comparison

Lakeland vs Springdale

Cost of Living Comparison · 2026

Lakeland

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

Springdale

Arkansas
87
Below Average
$299,000
Median Home
$1,000/mo
Median Rent
$62,100
Median Income

The Verdict

5.7%

Springdale is 5.7% less expensive than Lakeland overall. A household earning $75,000 in Lakeland would need approximately $70,924 in Springdale to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
79
Lakeland
86
Springdale
Groceries
103
Lakeland
97
Springdale
Utilities
102
Lakeland
93
Springdale
Transportation
85
Lakeland
91
Springdale
Healthcare
95
Lakeland
82
Springdale

Salary Equivalence

A $75,000 salary in Lakeland has the same purchasing power as $70,924 in Springdale.

Conversely, $75,000 in Springdale equals $79,310 in Lakeland.

Living in Lakeland vs Springdale

Housing Costs

Lakeland's housing index of 79 is lower Springdale's 86, translating to median home prices of $307,000 vs $299,000. The $8,000 difference in home prices means roughly $516 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,525/mo in Lakeland compared to $1,000/mo in Springdale, a monthly difference of $525.

Grocery & Food Costs

Grocery expenses index at 103 in Lakeland and 97 in Springdale. A household spending the national average of $475/month on groceries would pay approximately $489/month in Lakeland vs $461/month in Springdale. Springdale offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 102 in Lakeland and 93 in Springdale. Monthly utility bills average approximately $408 in Lakeland vs $372 in Springdale. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 95 in Lakeland and 82 in Springdale. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 13-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $64,200 in Lakeland and $62,100 in Springdale. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $69,783 and $71,379 respectively. Springdale residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,498/month to housing in Lakeland vs $1,449/month in Springdale. In Lakeland, median rent of $1,525/mo exceeds this threshold, suggesting renters may feel stretched. In Springdale, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 13 index points — focus your budget analysis there.

Frequently Asked Questions

Springdale is 5.7% more affordable overall with an index of 87 vs 92.
A $75,000 salary in Lakeland has equivalent purchasing power to approximately $70,924 in Springdale, based on the cost of living difference.
Lakeland's housing index is 79 with median homes at $307,000, while Springdale's is 86 with median homes at $299,000.

Moving & Relocation Resources

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