Cost of Living in Lakewood, WI

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

Cost of Living Overview

Overall Index

101.1

100 = national avg

+1.1 vs national average

Living Wage (1 Adult)

$44,475

per year

Living Wage (Family of 4)

$105,123

per year

Cost Index by Category

Housing
103.4
Food
99.8
Transportation
99.6
Healthcare
99.8
Utilities
100.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$793

per month

2 Bedroom

$973

per month

The overall cost of living index in Lakewood is 101.1, which is 1.1% above the national average. Housing costs are above the national average at an index of 103.4. A single adult needs to earn approximately $44,475 per year to cover basic expenses.