Lake Park, GA vs Pembroke, GA

Lake Park, GA and Pembroke, GA have a very similar cost of living, with only a 4% difference in their overall index. Lake Park scores 74 while Pembroke scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lake Park is $797/month compared to $990/month in Pembroke — a 20% difference. Interestingly, home values tell a different story: while Lake Park has cheaper rent, Pembroke actually has lower median home values ($169,800 vs $241,900).

Median household income in Lake Park is $38,571 compared to $66,797 in Pembroke (-42.3%). While Pembroke is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Park spend roughly 24.8% of their income on rent, more than the 17.8% in Pembroke.