Lakeland cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexLakelandGeorgiaNational
Cost of living index8094100
IndexLakelandGeorgiaNational
Goods & Services index8696100
Groceries index107100100
Health care index9794100
Housing index4687100
Transportation index9796100
Utilities index10097100

Did you know?

  • The cost of living in Lakeland is 15% lower than the Georgia average.
  • The cost of living in Lakeland is 20% lower than the national average.
  • The cost of housing in Lakeland is 54% lower than the national average.
  • Georgia general sales tax is 21% lower than the national average.
  • Georgia state income tax is 55% lower than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,474$5,040$1,411$1,814
Renters$18,045$1,504$421$541

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Georgia4%8%

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
Georgia1%6%

Goods & Services

ItemLakelandNational avg.Difference
Haircut $13.50$14.597.5%
Beauty Salon $32.67$34.685.8%
Toothpaste $2.38$2.473.8%
Shampoo $1.01$1.021.2%
Movie $10.50$9.876.4%
Bowling $4.25$4.393.2%

Groceries

ItemLakelandNational avg.Difference
Ground Beef $4.82$4.487.7%
Fried Chicken $1.43$1.462.3%
Milk $2.74$2.3616.3%
Potatoes $3.85$3.0625.8%
Pizza $8.55$9.247.5%
Beer $8.85$8.632.5%

Health Care

ItemLakelandNational avg.Difference
Optometrist $95.00$99.784.8%
Doctor $96.67$105.038.0%
Dentist $77.00$88.7013.2%
Ibuprofen $10.15$9.417.8%
Lipitor $336.57$298.5012.8%

Housing

ItemLakelandNational avg.Difference
Home Price $63,400.00$175,700.0063.9%
Avg. Mortgage Payment $909.71$1,081.0315.8%
Apartment Rent $622.00$920.0032.4%

Transportation

ItemLakelandNational avg.Difference
Gasoline $2.01$2.094.0%
Tire Balancing $45.00$45.290.6%

Utilities

ItemLakelandNational avg.Difference
All Electricity$157.73$170.807.6%
Phone $30.96$28.269.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Du Pont, GA21574-26%
Nashville, GA4,91881-19%
Ray City, GA1,34382-18%
Remerton, GA1,38686-14%
Valdosta, GA56,32489-11%
Lakeland, GA3,38580-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Richville, OH3,38591-9%
Kenedy, TX3,38577-23%
Mulberry, OH3,38591-9%
Blairsville, PA3,38588-12%
West Nyack, NY3,38515353%
Lakeland, GA3,38580-20%
Source: The Lakeland, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.