Cost of Living in Lake Park, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
125.4
100 = national avg
+25.4 vs national average
Living Wage (1 Adult)
$55,176
per year
Living Wage (Family of 4)
$130,415
per year
Cost Index by Category
Housing161.6
Food102.9
Transportation105.9
Healthcare102.4
Utilities114.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,901
per month
2 Bedroom
$2,254
per month
The overall cost of living index in Lake Park is 125.4, which is 25.4% above the national average. Housing costs are above the national average at an index of 161.6. A single adult needs to earn approximately $55,176 per year to cover basic expenses.