Lake Park, GA Cost Of Living

Lake Park 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.
Index	Lake Park	Georgia	National
Cost of living index	92	93	100
Index	Lake Park	Georgia	National
Goods & Services index	94	96	100
Groceries index	101	99	100
Health care index	98	96	100
Housing index	80	86	100
Transportation index	99	96	100
Utilities index	96	97	100

Did you know?

The cost of living in Lake Park is 2% lower than the Georgia average.
The cost of living in Lake Park is 8% lower than the national average.
The cost of housing in Lake Park is 20% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$53,125	$4,427	$1,240	$1,594
Renters	$24,083	$2,007	$562	$723

Georgia Sales Tax

State	General Sales Tax	With Max Surtax
Georgia	4%	8%

Georgia Income Tax

State	Income Tax (Low)	Income Tax (High)
Georgia	1%	6%

Goods & Services

Item	Lake Park	National avg.	Difference
Haircut	$14.00	$16.09	13.0%
Beauty Salon	$38.28	$37.33	2.5%
Toothpaste	$2.50	$2.45	2.3%
Shampoo	$0.91	$1.00	8.7%
Movie	$10.50	$10.28	2.1%
Bowling	$4.25	$4.93	13.8%

Groceries

Item	Lake Park	National avg.	Difference
Ground Beef	$4.52	$3.80	18.8%
Fried Chicken	$1.47	$1.40	5.5%
Milk	$2.41	$2.01	19.9%
Potatoes	$3.19	$3.01	5.8%
Pizza	$8.66	$9.89	12.4%
Beer	$8.85	$8.90	0.6%

Health Care

Item	Lake Park	National avg.	Difference
Optometrist	$92.83	$102.16	9.1%
Doctor	$110.00	$108.36	1.5%
Dentist	$83.00	$92.53	10.3%
Ibuprofen	$10.18	$9.28	9.7%
Lipitor	$437.49	$425.82	2.7%

Housing

Item	Lake Park	National avg.	Difference
Home Price	$160,100.00	$184,700.00	13.3%
Avg. Mortgage Payment	$1,006.86	$1,202.44	16.3%
Apartment Rent	$620.00	$949.00	34.7%

Transportation

Item	Lake Park	National avg.	Difference
Gasoline	$2.12	$2.24	5.5%
Tire Balancing	$50.88	$46.29	9.9%

Utilities

Item	Lake Park	National avg.	Difference
All Electricity	$154.02	$165.96	7.2%
Phone	$28.67	$28.68	0.0%

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, State	Population	Cost of Living Index	National Avg.
Jennings, FL	590	78	-22%
Echols County, GA	4,025	80	-20%
Jasper, FL	4,207	82	-18%
Madison, FL	2,909	83	-17%
Remerton, GA	1,245	86	-14%
Lake Park, GA	905	92	-8%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Fouke, AR	905	75	-25%
Carrizozo, NM	905	82	-18%
Rushville, NE	905	79	-21%
Bentleyville, OH	905	166	66%
Lemannville, LA	905	99	-1%
Lake Park, GA	905	92	-8%

Source: The Lake Park, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Lake Park, GA Cost of Living