Cost Of Living in Lakeland, GA

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lakeland	Georgia	National
Cost of living	85	93	100
Goods & Services	97	97	100
Groceries	96	98	100
Health care	98	100	100
Housing	61	86	100
Transportation	93	94	100
Utilities	90	86	100

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Cost Of Living Quick Facts

The cost of living in Lakeland is 8% lower than the Georgia average
The cost of living in Lakeland is 15% lower than the national average
Lakeland housing is 39% lower than the national average
Georgia general sales tax is 22% lower than the national average
Georgia state income tax is 61% 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	$0	$0	$0	$0
Renters	$19,473	$1,623	$454	$584

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%	5.57%

Goods & Services

Item	Lakeland	National avg.	Difference
Haircut	$19.97	$24.26	17.7%
Beauty Salon	$52.72	$45.56	15.7%
Toothpaste	$3.70	$3.70	0.0%
Shampoo	$1.01	$1.28	20.9%
Movie	$12.00	$12.13	1.1%
Bowling	$10.00	$18.00	44.4%

Groceries

Item	Lakeland	National avg.	Difference
Ground Beef	$6.00	$5.84	2.7%
Fried Chicken	$1.43	$1.57	9.3%
Milk	$4.49	$4.67	3.9%
Potatoes	$5.52	$4.93	11.9%
Pizza	$12.16	$12.09	0.6%
Beer	$9.84	$10.41	5.5%

Health Care

Item	Lakeland	National avg.	Difference
Optometrist	$120.50	$125.68	4.1%
Doctor	$118.67	$135.78	12.6%
Dentist	$115.95	$113.29	2.3%
Ibuprofen	$10.04	$10.65	5.8%
Lipitor	$530.12	$468.60	13.1%

Housing

Item	Lakeland	National avg.	Difference
Home Price	$104,800.00	$184,700.00	43.3%
Avg. Mortgage Payment	$1,961.97	$2,346.69	16.4%
Apartment Rent	$673.00	$949.00	29.1%

Transportation

Item	Lakeland	National avg.	Difference
Gasoline	$3.28	$3.46	5.3%
Tire Balancing	$53.83	$59.92	10.2%

Utilities

Item	Lakeland	National avg.	Difference
All Electricity	$164.25	$193.99	15.3%
Phone	$190.47	$192.25	0.9%

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	Population	Cost of Living Index	National Avg.
Nashville, GA	4,820	82	18.4%
Ray City, GA	1,090	86	13.9%
Valdosta, GA	56,320	89	11.1%
Remerton, GA	1,182	91	9.1%
Du Pont, GA	196	93	7.3%
Lakeland, GA	3,303	85	15.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Mobridge, SD	3,303	82	17.5%
Old Mystic, CT	3,302	120	19.8%
Pistakee Highlands, IL	3,302	99	1.3%
West Lake Hills, TX	3,302	208	107.9%
Mount Oliver, PA	3,304	86	14.4%
Lakeland, GA	3,303	85	15.1%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Lakeland, GA