Cost of living in Lakeland, Tennessee
Simple answer
Typical rent is $1,755 a month.
Lakeland is a city in Tennessee. That rent number includes utilities. A typical household earns $116,250 a year.
- People
- 14,192
- Census average, 2020–2024
- Typical rent
- $1,755
- Median gross rent, includes utilities
- Typical pay
- $116,250
- Median household income, yearly
- Typical home
- $388,900
- Median home value
- 2-bedroom fair rent
- $1,301
- Memphis, TN-MS-AR HUD Metro FMR Area
Lakeland, Tennessee has about 14,192 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $388,900.
HUD's fair-market rent for a 2-bedroom in Shelby County is $1,301 a month. That is the county number, not an apartment listing in Lakeland. It runs from October 2026 through September 2027.
In the Memphis, TN-MS-AR metro area, prices sit at 92.2 when the U.S. average is 100. That is a 2024 BEA index.
Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not Lakeland's exact store tax.
In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not Lakeland's bill.
EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.
Among 278 places we list in Tennessee with a rent figure, 18 have higher typical rent than Lakeland.
Nearby places
- Arlington
Typical rent $2,164
Compare with Lakeland - Bartlett
Typical rent $1,638
Compare with Lakeland - Oakland
Typical rent $1,992
Compare with Lakeland - Millington
Typical rent $1,111
Compare with Lakeland - Atoka
Typical rent $1,237
Compare with Lakeland - Germantown
Typical rent $1,816
Compare with Lakeland - Munford
Typical rent $1,176
Compare with Lakeland - Collierville
Typical rent $1,691
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 Tennessee
Bigger places in Tennessee
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.