Cost of living in Lake Panasoffkee, Florida

Lake Panasoffkee, Florida has about 4,768 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $153,000.

HUD's fair-market rent for a 2-bedroom in Sumter County is $1,324 a month. That is the county number, not an apartment listing in Lake Panasoffkee. It runs from October 2026 through September 2027.

In the Wildwood-The Villages, FL metro area, prices sit at 85.4 when the U.S. average is 100. That is a 2024 BEA index.

Florida does not tax wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Lake Panasoffkee's exact store tax.

In July 2026, a typical Florida home paid 15.03¢ per kilowatt-hour. That is a state average from EIA, not Lake Panasoffkee's bill.

For the week of October 12, 2026, EIA's all-grades gasoline price in Florida was $4.084 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $1,960.32 a year. Those miles are our standard, not a Census figure, and every town in Florida shares this price.

Among 730 places we list in Florida with a rent figure, 651 have higher typical rent than Lake Panasoffkee.