Cost of Living in Lake View, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.2
100 = national avg
-8.8 vs national average
Living Wage (1 Adult)
$40,134
per year
Living Wage (Family of 4)
$94,861
per year
Cost Index by Category
Housing75.0
Food100.5
Transportation101.1
Healthcare100.4
Utilities95.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$791
per month
2 Bedroom
$919
per month
The overall cost of living index in Lake View is 91.2, which is 8.8% below the national average. Housing costs are below the national average at an index of 75.0. A single adult needs to earn approximately $40,134 per year to cover basic expenses.