Housing costs in Lake Park?
A typical home costs
$207,100, which is 38.7% less expensive than the national average of
$338,100 and 32.8% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Lake Park costs
$860 per month, which is 32.8% cheaper than the national average of
$1,280 and 4.7% cheaper than the state average of
$900.
Can I afford Lake Park?
To live comfortably in Lake Park (zip 31636), Georgia, a minimum annual income of
$39,600 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Lake Park?
Living in 31636 Lake Park, GA is surprisingly affordable. The cost of living index is approximately 16 points lower than the national average, meaning that necessities such as food and clothing are more affordable here than in other areas of the country. Additionally, housing costs in 31636 Lake Park, GA tend to be significantly lower than the national average. In fact, a one-bedroom apartment would typically cost around $650 per month in this area and a two-bedroom apartment would typically cost around $900 per month. In addition to these housing costs, groceries tend to be much cheaper as well with a gallon of milk costing about $2.50 and a dozen eggs costing about $1.50. Therefore, people looking for an affordable place to live should certainly consider this area of Georgia.