Housing costs in Lake City?
A typical home costs
$195,400, which is 42.2% less expensive than the national average of
$338,100 and 36.6% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Lake City costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 7.2% more than the state average of
$1,280.
Can I afford Lake City?
To live comfortably in Lake City, Georgia, a minimum annual income of
$37,440 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Lake City?
Lake City, GA is an affordable place to live, with relatively low costs of living compared to other parts of the country. The average cost of housing in Lake City is quite reasonable, with a median home value of around $135,000. Renters can expect to find units ranging from $550-$900 per month. Other essential expenses like groceries and utilities are also quite reasonable in comparison to other areas. On average, monthly utilities run between $75-$150 for most households. With a variety of job opportunities and plenty of outdoor activities, Lake City is an ideal place for budget-conscious families and individuals looking to enjoy a high quality of life without spending excessive amounts on basic living expenses