Cost of living in Lake Placid, Florida
Simple answer
Typical rent is $1,046 a month.
Lake Placid is a town in Florida. That rent number includes utilities. A typical household earns $47,018 a year.
- People
- 2,477
- Census average, 2020–2024
- Typical rent
- $1,046
- Median gross rent, includes utilities
- Typical pay
- $47,018
- Median household income, yearly
- Typical home
- $261,300
- Median home value
- 2-bedroom fair rent
- $1,259
- Sebring, FL MSA
Lake Placid, Florida has about 2,477 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $261,300.
HUD's fair-market rent for a 2-bedroom in Highlands County is $1,259 a month. That is the county number, not an apartment listing in Lake Placid. It runs from October 2026 through September 2027.
In the Sebring, FL metro area, prices sit at 92.5 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 Placid'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 Placid's bill.
In 2025, all-grades gas in Florida averaged $3.06 a gallon. EIA prints this yearly price for only some states.
Among 730 places we list in Florida with a rent figure, 643 have higher typical rent than Lake Placid.
Nearby places
- Sebring
Typical rent $1,019
Compare with Lake Placid - Avon Park
Typical rent $921
Compare with Lake Placid - Zolfo Springs
Typical rent $967
Compare with Lake Placid - Arcadia
Typical rent $956
Compare with Lake Placid - Southeast Arcadia
Typical rent $939
Compare with Lake Placid - Wauchula
Typical rent $1,017
Compare with Lake Placid - Frostproof
Typical rent $697
- Okeechobee
Typical rent $1,061
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Florida
Bigger places in Florida
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.