Cost of Living in Lake City, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.7
100 = national avg
-10.3 vs national average
Living Wage (1 Adult)
$39,451
per year
Living Wage (Family of 4)
$93,249
per year
Cost Index by Category
Housing80.6
Food96.4
Transportation92.9
Healthcare97.2
Utilities94.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,117
per month
2 Bedroom
$1,366
per month
The overall cost of living index in Lake City is 89.7, which is 10.3% below the national average. Housing costs are below the national average at an index of 80.6. A single adult needs to earn approximately $39,451 per year to cover basic expenses.