Cost of Living in Lake View, TX

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

Cost of Living Overview

Overall Index

93.0

100 = national avg

-7.0 vs national average

Living Wage (1 Adult)

$40,933

per year

Living Wage (Family of 4)

$96,750

per year

Cost Index by Category

Housing
91.7
Utilities
97.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$863

per month

2 Bedroom

$1,064

per month

The overall cost of living index in Lake View is 93.0, which is 7.0% below the national average. Housing costs are below the national average at an index of 91.7. A single adult needs to earn approximately $40,933 per year to cover basic expenses.