Cost of Living in Lake Park, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.0
100 = national avg
+36.0 vs national average
Living Wage (1 Adult)
$59,854
per year
Living Wage (Family of 4)
$141,473
per year
Cost Index by Category
Housing177.3
Food108.4
Transportation116.7
Healthcare106.7
Utilities120.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,538
per month
2 Bedroom
$1,686
per month
The overall cost of living index in Lake Park is 136.0, which is 36.0% above the national average. Housing costs are above the national average at an index of 177.3. A single adult needs to earn approximately $59,854 per year to cover basic expenses.