A few years ago, I could compare a 2 week stay at WDW (taking advantage of free dining) with a 2 week stay in the Lake George area, and the cost was pretty similar when we included the cost of all the entertainment and dining we would pay for separately when staying in Lake George. With the recent spate of price increases, and the changes to the free dining promotion making it no longer available to us (it starts too late in the summer for us now), that is no longer the case. I can vacation in Lake George for significantly less than I pay to vacation in Disney World, even counting in the cost of season passes for the Six Flags park there, and what we will pay for mini golf, and boat cruises, gas, shopping, food, hotel etc.
I'm sorry, but there is absolutely NO comparison there! Counter service at Disney World averages nearly $20 per person if you have entree, side (french fries) and a soft drink. I can go to nearly any fast food joint around here (subway, McDonalds, Wendys, Five Guys, KFC etc.) and eat for around $10 to $12 per person.
Table service around here averages around $20 per person, and at Disney World the numbers are more like $30 plus per person, more if you are going to have desert. There is just NO comparison between Disney World prices, and what you pay outside of Disney.