Cost of Living in Lakewood Village, TX

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

Cost of Living Overview

Overall Index

238.2

100 = national avg

+138.2 vs national average

Living Wage (1 Adult)

$104,795

per year

Living Wage (Family of 4)

$247,698

per year

Cost Index by Category

Housing
310.2
Food
167.9
Transportation
235.7
Healthcare
154.3
Utilities
182.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,648

per month

2 Bedroom

$1,931

per month

The overall cost of living index in Lakewood Village is 238.2, which is 138.2% above the national average. Housing costs are above the national average at an index of 310.2. A single adult needs to earn approximately $104,795 per year to cover basic expenses.