Lakeview, NY Cost Of Living
Cost Of Living In Lakeview, NY Summary
Cost of living in Lakeview research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lakeview is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lakeview is 148, with 100 being the average.
The cost of living index in Lakeview is 1.5x higher than the national average.
Lakeview ranks as the #219 cheapest in New York out of 341.
Lakeview ranks as the #5,642 cheapest out of 6,489 in the US.
The median home value in Lakeview is $703,053.
The median income in Lakeview is $128,591.
Table Of Contents
Lakeview's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lakeview, NY?
According to the most recent data on the cost of living, Lakeview has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to New York, Lakeview has a cost of living index that's 1.2x higher than New York's index of 119.
The standard of living in Lakeview ranks as #219 most affordable out of the 341 places we measured in New York. By definition, that implies Lakeview ranks as the #122 most expensive place in the Empire State.
For more reading on life in Lakeview, check out:
In New York
In America
Lakeview Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Lakeview. Here is how it fairs on each of the criteria:
The Services index in Lakeview is 129.
The Groceries index in Lakeview is 114.
The Health index in Lakeview is 123.
The Housing index in Lakeview is 218.
The Transportation index in Lakeview is 116.
The Utilities index in Lakeview is 100.
| Living Expense | Lakeview | New York | National Average | |
|---|---|---|---|---|
| Overall | 148 | 119 | 100 | |
| Services | 129 | 110 | 100 | |
| Groceries | 114 | 103 | 100 | |
| Health | 123 | 101 | 100 | |
| Housing | 218 | 145 | 100 | |
| Transportation | 116 | 105 | 100 | |
| Utilities | 100 | 99 | 100 | |
Lakeview, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Lakeview is $703,053.
The Median Rent in Lakeview is $2,780.
The Median Income in Lakeview is $128,591.
The Home Value To Income in Lakeview is 5.5x.
The Rent To Monthly Income in Lakeview is 0.26x.
Median Home Value
Median Rent
Median Income
Lakeview, NY Costs By Category
Detailed Lakeview Services Costs Vs. New York
Detailed Lakeview Groceries Costs Vs. New York
Detailed Lakeview Health Costs Vs. New York
Detailed Lakeview Transportation Costs Vs. New York
Detailed Lakeview Utilities Costs Vs. New York
Lakeview SnackAbility
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Cost Of Living In Cities Around Lakeview
The cost of living varies in the cities and towns around Lakeview. Here's a quick look at the cost of living in the most populous nearby places:
Hempstead, NY has a cost of living index of 137, 0.9x Lakeview.
Levittown, NY has a cost of living index of 145, 1.0x Lakeview.
Baldwin, NY has a cost of living index of 151, 1.0x Lakeview.
| City | Population | Cost Of Living | Vs. Lakeview |
|---|---|---|---|
| Hempstead, NY | 58,569 | 137 | 0.9x |
| Levittown, NY | 51,557 | 145 | 1.0x |
| Baldwin, NY | 33,595 | 151 | 1.0x |
| Franklin Square, NY | 30,559 | 160 | 1.1x |
| Plainview, NY | 26,251 | 167 | 1.1x |
| Rockville Centre, NY | 25,770 | 173 | 1.2x |
| Massapequa, NY | 21,822 | 166 | 1.1x |
| Merrick, NY | 21,816 | 167 | 1.1x |
| West Hempstead, NY | 20,762 | 158 | 1.1x |
| Lynbrook, NY | 20,251 | 154 | 1.0x |
