Housing costs in Lake Park?
A typical home costs
$232,800, which is 31.1% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Lake Park costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Lake Park?
To live comfortably in Lake Park, Georgia, a minimum annual income of
$44,640 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lake Park?
The cost of living in Lake Park, GA is relatively affordable compared to other places in the country. According to Best Places, the median house price is just over $110,000 and the average rent for a two-bedroom apartment is just under $800 per month. The overall cost of groceries and utilities are also quite reasonable. In addition, there is no state income tax in Georgia which makes living here even more attractive. All in all, it's an economical and attractive place to live with plenty of job opportunities nearby.