Lake Park, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
100
Lake Park's Overall Cost Of Living
1.0x
Lower Than The National Average
250 out of 459
In Florida
3,149 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake Park is expensive, while a number below 100 means it's a relatively cheap place to live.

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 100 which is 1.0x lower than the national index of 100.

Compared to only Florida, Lake Park has a cost of living index that's 1.0x higher than Florida's index of 98.

The standard of living in Lake Park ranks as #3,149 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Lake Park ranks as the #3,269 most expensive place in the Sunshine State.

For more reading on life in Lake Park, check out:

Lake Park Cost Of Living Vs. Florida

Living Expense Lake Park Florida National Average
Overall 100 98 100
Services 99 99 100
Groceries 119 107 100
Health 105 98 100
Housing 87 96 100
Transportation 111 102 100
Utilities 98 106 100
For more reading on cost of living around Florida, check out:
Lake Park Cost of Living Vs. FL

Lake Park, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$233,200
Median Home Value
$1,145
Median Rent
$52,390
Median Income
Statistic Lake Park Florida United States
Median Home Value $233,200 $232,000 $229,800
Median Rent $1,145 $1,218 $1,096
Median Income $52,390 $57,703 $64,994
Home Value To Income 4.5x 4.0x 3.5x
Rent To Monthly Income 0.26x 0.25x 0.2x

Detailed Lake Park Services Costs Vs. Florida

Item Lake Park Florida
Shampoo $1.07 $1.06
Movie $11.82 $10.68
Bowling $20.88 $14.67

Detailed Lake Park Groceries Costs Vs. Florida

Item Lake Park Florida
Ground Beef $4.66 $4.22
Fried Chicken $1.62 $1.39
Milk $2.96 $2.05

Detailed Lake Park Health Costs Vs. Florida

Item Lake Park Florida
Haircut $14.47 $18.62
Beauty Salon $65.03 $39.05
Toothpaste $2.04 $2.34

Detailed Lake Park Transportation Costs Vs. Florida

Item Lake Park Florida
Potatoes $4.99 $3.29
Pizza $8.99 $10.62
Beer $10.84 $9.38
Optometrist $135.56 $108.57
Doctor $102.25 $116.17
Dentist $106.04 $99.13

Detailed Lake Park Utilities Costs Vs. Florida

Item Lake Park Florida
Gasoline $2.24 $2.22
Tire Balancing $63.76 $50.07
All Electricity $162.2 $167.67
Phone $188.17 $175.64

Lake Park SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
4
Diversity
9
Safety
3
Amenities
8.5
Education
6
Commute
8.5

Cost Of Living In Cities Around Lake Park

City Population Cost Of Living Vs. Lake Park
West Palm Beach, FL 111,006 107 1.1x
Boynton Beach, FL 78,060 102 1.0x
Jupiter, FL 65,139 123 1.2x
Wellington, FL 64,990 125 1.2x
Palm Beach Gardens, FL 56,979 122 1.2x
Greenacres, FL 41,242 98 1.0x
The Acreage, FL 39,863 115 1.1x
Royal Palm Beach, FL 39,615 112 1.1x
Riviera Beach, FL 35,025 97 1.0x
North Palm Beach, FL 13,090 116 1.2x

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