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Lake Park, GA vs Varnell, GA

74
Lake Park
Georgia
VS
-12.9%
85
Varnell
Georgia

Lake Park is moderately more affordable than Varnell, with a 12.9% lower cost of living index. Lake Park scores 74 compared to 85 for Varnell, where the US average is 100. This difference means residents of Varnell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Park is $797/month compared to $1,155/month in Varnell — a 31% difference. Interestingly, home values tell a different story: while Lake Park has cheaper rent, Varnell actually has lower median home values ($228,200 vs $241,900).

Median household income in Lake Park is $38,571 compared to $82,857 in Varnell (-53.4%). While Varnell 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 16.7% in Varnell.

Income & Cost

Cost of Living Index
Lake Park
74
13% cheaper
Varnell
85
Median Household Income
Lake Park
$38,571
Varnell
$82,857
53% higher

Housing

Median Rent
Lake Park
$797
31% cheaper
Varnell
$1,155
Median Home Value
Lake Park
$241,900
Varnell
$228,200
6% cheaper
Population
Lake Park
962
Varnell
2,623

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Park $2.95
Varnell $2.95
US $3.07
🥚
Eggs (grade A, large)
Lake Park $2.41
Varnell $2.41
US $2.50
🥛
Milk (whole)
Lake Park $3.88
Varnell $3.88
US $4.03
🍞
Bread (white)
Lake Park $1.78
Varnell $1.78
US $1.85
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Chicken breast
Lake Park $3.99
Varnell $3.99
US $4.14
Electricity
Lake Park $0.16
Varnell $0.17
US $0.19