City Comparison

Augusta vs Lakeland

Cost of Living Comparison · 2026

Augusta

Georgia
80
Very Affordable
$225,000
Median Home
$1,075/mo
Median Rent
$55,500
Median Income

Lakeland

Florida
92
Below Average
$307,000
Median Home
$1,525/mo
Median Rent
$64,200
Median Income

The Verdict

13.0%

The cost gap between these cities is 13.0%, with Augusta being the more affordable option. A $75,000 income in Augusta has equivalent purchasing power to $86,250 in Lakeland.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
62
Augusta
79
Lakeland
Groceries
96
Augusta
103
Lakeland
Utilities
104
Augusta
102
Lakeland
Transportation
89
Augusta
85
Lakeland
Healthcare
81
Augusta
95
Lakeland

Salary Equivalence

A $75,000 salary in Augusta has the same purchasing power as $86,250 in Lakeland.

Conversely, $75,000 in Lakeland equals $65,217 in Augusta.

Living in Augusta vs Lakeland

Housing Costs

Augusta's housing index of 62 is lower Lakeland's 79, translating to median home prices of $225,000 vs $307,000. The $82,000 difference in home prices means roughly $5,328 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Augusta compared to $1,525/mo in Lakeland, a monthly difference of $450.

Grocery & Food Costs

Grocery expenses index at 96 in Augusta and 103 in Lakeland. A household spending the national average of $475/month on groceries would pay approximately $456/month in Augusta vs $489/month in Lakeland. Augusta offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 104 in Augusta and 102 in Lakeland. Monthly utility bills average approximately $416 in Augusta vs $408 in Lakeland. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 81 in Augusta and 95 in Lakeland. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,500 in Augusta and $64,200 in Lakeland. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $69,375 and $69,783 respectively. Lakeland residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,295/month to housing in Augusta vs $1,498/month in Lakeland. In Augusta, median rent of $1,075/mo fits within this budget. In Lakeland, median rent of $1,525/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 17 index points — focus your budget analysis there.

Frequently Asked Questions

Augusta is 13.0% more affordable overall with an index of 80 vs 92.
A $75,000 salary in Augusta has equivalent purchasing power to approximately $86,250 in Lakeland, based on the cost of living difference.
Augusta's housing index is 62 with median homes at $225,000, while Lakeland's is 79 with median homes at $307,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases