Cost of living in Lake Placid, FL

Lake Placid is a Census town in Highlands County, FL. ACS 2024 5-year population is 2,477. Median gross rent is $1,046 (ACS 2024 5-year, this place). Median home value is $261,300. Median household income is $47,018. Insurance is the NAIC state average; food is a USDA plan — no town indexes.