Cost of Living in Lakeville, NY

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

Cost of Living Overview

Overall Index

138.2

100 = national avg

+38.2 vs national average

Living Wage (1 Adult)

$60,811

per year

Living Wage (Family of 4)

$143,735

per year

Cost Index by Category

Housing
156.7
Food
119.3
Transportation
138.7
Healthcare
115.5
Utilities
123.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,256

per month

2 Bedroom

$1,573

per month

The overall cost of living index in Lakeville is 138.2, which is 38.2% above the national average. Housing costs are above the national average at an index of 156.7. A single adult needs to earn approximately $60,811 per year to cover basic expenses.