What is the cost of living in Lake Park, FL?
According to the most recent data on the cost of living, Lake Park has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Florida, Lake Park has a cost of living index that's 1.0x higher than Florida's index of 104.
The standard of living in Lake Park ranks as #195 most affordable out of the 462 places we measured in Florida. By definition, that implies Lake Park ranks as the #267 most expensive place in the Sunshine State.
For more reading on life in Lake Park, check out:
Lake Park Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lake Park. Here is how it fares on each of the criteria:
The Services index in Lake Park is 106.
The Groceries index in Lake Park is 103.
The Health index in Lake Park is 124.
The Housing index in Lake Park is 103.
The Transportation index in Lake Park is 106.
The Utilities index in Lake Park is 104.
| Living Expense | Lake Park | Florida | National Average |
|---|---|---|---|
| Overall | 108 | 104 | 100 |
| Services | 106 | 101 | 100 |
| Groceries | 103 | 105 | 100 |
| Health | 124 | 99 | 100 |
| Housing | 103 | 104 | 100 |
| Transportation | 106 | 109 | 100 |
| Utilities | 104 | 105 | 100 |
Lake Park Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Lake Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Park, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Lake Park is $403,255.
The Median Rent in Lake Park is $1,600.
The Median Income in Lake Park is $70,954.
The Home Value To Income in Lake Park is 5.7x.
The Rent To Monthly Income in Lake Park is 0.27x.
Lake Park, FL Costs By Category
Detailed Lake Park Services costs vs. Florida
Detailed Lake Park Groceries costs vs. Florida
Detailed Lake Park Health costs vs. Florida
Detailed Lake Park Transportation costs vs. Florida
Lake Park SnackAbility
Cost Of Living In Cities Around Lake Park
The cost of living varies in the cities and towns around Lake Park. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 117, 1.1x Lake Park.
Boynton Beach, FL has a cost of living index of 114, 1.1x Lake Park.
Wellington, FL has a cost of living index of 141, 1.3x Lake Park.
| City | Population | Cost Of Living | Vs. Lake Park |
|---|---|---|---|
| West Palm Beach, FL | 122,290 | 117 | 1.1x |
| Boynton Beach, FL | 81,435 | 114 | 1.1x |
| Wellington, FL | 62,146 | 141 | 1.3x |
| Jupiter, FL | 61,883 | 132 | 1.2x |
| Palm Beach Gardens, FL | 60,959 | 138 | 1.3x |
| Greenacres, FL | 44,373 | 107 | 1.0x |
| The Acreage, FL | 40,843 | 129 | 1.2x |
| Royal Palm Beach, FL | 40,344 | 119 | 1.1x |
| Riviera Beach, FL | 38,657 | 110 | 1.0x |
| North Palm Beach, FL | 13,238 | 130 | 1.2x |
