Cost of Living in Lake View, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
126.7
100 = national avg
+26.7 vs national average
Living Wage (1 Adult)
$55,763
per year
Living Wage (Family of 4)
$131,803
per year
Cost Index by Category
Housing115.3
Food123.7
Transportation147.4
Healthcare119.0
Utilities117.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$972
per month
2 Bedroom
$1,169
per month
The overall cost of living index in Lake View is 126.7, which is 26.7% above the national average. Housing costs are above the national average at an index of 115.3. A single adult needs to earn approximately $55,763 per year to cover basic expenses.