Cost of Living in Lakeview, MS

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

Cost of Living Overview

Overall Index

114.2

100 = national avg

+14.2 vs national average

Living Wage (1 Adult)

$50,263

per year

Living Wage (Family of 4)

$118,802

per year

Cost Index by Category

Housing
116.9
Utilities
105.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,154

per month

2 Bedroom

$1,274

per month

The overall cost of living index in Lakeview is 114.2, which is 14.2% above the national average. Housing costs are above the national average at an index of 116.9. A single adult needs to earn approximately $50,263 per year to cover basic expenses.