Cost of Living in Lakeville, CT

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

231.2

100 = national avg

+131.2 vs national average

Living Wage (1 Adult)

$101,741

per year

Living Wage (Family of 4)

$240,479

per year

Cost Index by Category

Housing
400.0
Food
122.7
Transportation
145.5
Healthcare
118.2
Utilities
173.6

100 = national average. Higher = more expensive.

The overall cost of living index in Lakeville is 231.2, which is 131.2% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $101,741 per year to cover basic expenses.