Cost Of Living in Lake City, 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	Lake City	Georgia	National
Cost of living	90	93	100
Goods & Services	100	97	100
Groceries	101	98	100
Health care	109	100	100
Housing	71	86	100
Transportation	99	94	100
Utilities	81	86	100

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Cost Of Living Quick Facts

The cost of living in Lake City is 3% lower than the Georgia average
The cost of living in Lake City is 10% lower than the national average
Lake City housing is 29% 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	$61,250	$5,104	$1,429	$1,838
Renters	$36,734	$3,061	$857	$1,102

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	Lake City	National avg.	Difference
Haircut	$27.25	$24.26	12.3%
Beauty Salon	$56.36	$45.56	23.7%
Toothpaste	$3.74	$3.70	0.9%
Shampoo	$1.33	$1.28	3.9%
Movie	$15.20	$12.13	25.3%
Bowling	$20.98	$18.00	16.5%

Groceries

Item	Lake City	National avg.	Difference
Ground Beef	$5.25	$5.84	10.1%
Fried Chicken	$1.61	$1.57	2.1%
Milk	$4.69	$4.67	0.4%
Potatoes	$5.32	$4.93	7.9%
Pizza	$11.36	$12.09	6.0%
Beer	$10.39	$10.41	0.2%

Health Care

Item	Lake City	National avg.	Difference
Optometrist	$129.73	$125.68	3.2%
Doctor	$128.57	$135.78	5.3%
Dentist	$144.73	$113.29	27.8%
Ibuprofen	$10.74	$10.65	0.8%
Lipitor	$495.22	$468.60	5.7%

Housing

Item	Lake City	National avg.	Difference
Home Price	$103,600.00	$184,700.00	43.9%
Avg. Mortgage Payment	$2,292.55	$2,346.69	2.3%
Apartment Rent	$1,000.00	$949.00	5.4%

Transportation

Item	Lake City	National avg.	Difference
Gasoline	$3.20	$3.46	7.5%
Tire Balancing	$69.77	$59.92	16.4%

Utilities

Item	Lake City	National avg.	Difference
All Electricity	$134.81	$193.99	30.5%
Phone	$191.28	$192.25	0.5%

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.
Forest Park, GA	19,884	85	14.6%
Jonesboro, GA	5,428	86	13.9%
Conley, GA	6,645	87	13.3%
Lithonia, GA	2,488	90	10.0%
Irondale, GA	8,107	90	10.0%
Lake City, GA	2,794	90	10.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sublimity, OR	2,794	126	26.4%
Mosheim, TN	2,794	81	18.9%
Versailles, OH	2,793	92	8.0%
Quail Ridge, FL	2,795	97	3.0%
Tilton Northfield, NH	2,795	108	8.0%
Lake City, GA	2,794	90	10.3%

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 Lake City, GA