Cost of Living in Lakeway, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
264.9
100 = national avg
+164.9 vs national average
Living Wage (1 Adult)
$116,576
per year
Living Wage (Family of 4)
$275,542
per year
Cost Index by Category
Housing362.8
Food176.1
Transportation252.2
Healthcare160.9
Utilities198.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,562
per month
2 Bedroom
$1,852
per month
The overall cost of living index in Lakeway is 264.9, which is 164.9% above the national average. Housing costs are above the national average at an index of 362.8. A single adult needs to earn approximately $116,576 per year to cover basic expenses.