Little Rock is 10% cheaper than Lakeland.
When comparing Little Rock, AR and Lakeland, FL, the overall cost of living indices are 74 and 82 respectively (national median = 100). Rent is $232/month cheaper in Little Rock, saving renters about $2,784/year.
Median household income is $364/year higher in Lakeland. Home values also differ significantly — the median in Little Rock is $221,200 compared to $229,100 in Lakeland.
Florida has no state income tax, giving Lakeland residents a significant tax advantage over Arkansas's 4.4% rate.
Little Rock vs Lakeland — common questions
Other cost of living comparisons for Little Rock and Lakeland