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 155, with 100 being the average.
The cost of living index in Lakeview is 1.6x higher than the national average.
Lakeview ranks as the #263 cheapest in New York out of 340.
Lakeview ranks as the #5,929 cheapest out of 6,412 in the US.
The median home value in Lakeview is $424,300.
The median income in Lakeview is $150,245.
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 155, which is 1.6x 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 126.
The standard of living in Lakeview ranks as #263 most affordable out of the 340 places we measured in New York. By definition, that implies Lakeview ranks as the #77 most expensive place in the Empire State.
For more reading on life in Lakeview, check out:
- Living In Lakeview
- Search Homes For Sale In Lakeview, NY
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 134.
The Groceries index in Lakeview is 150.
The Health index in Lakeview is 111.
The Housing index in Lakeview is 219.
The Transportation index in Lakeview is 133.
The Utilities index in Lakeview is 99.
| Living Expense | Lakeview | New York | National Average | |
|---|---|---|---|---|
| Overall | 155 | 126 | 100 | |
| Services | 134 | 110 | 100 | |
| Groceries | 150 | 104 | 100 | |
| Health | 111 | 105 | 100 | |
| Housing | 219 | 175 | 100 | |
| Transportation | 133 | 107 | 100 | |
| Utilities | 99 | 102 | 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 2017-2021. The key points are:
The Median Home Value in Lakeview is $424,300.
The Median Rent in Lakeview is -.
The Median Income in Lakeview is $150,245.
The Home Value To Income in Lakeview is 2.8x.
The Rent To Monthly Income in Lakeview is nanx.
| Statistic | Lakeview | New York | United States |
|---|---|---|---|
| Median Home Value | $424,300 | $340,600 | $244,900 |
| Median Rent | - | $1,390 | $1,163 |
| Median Income | $150,245 | $75,157 | $69,021 |
| Home Value To Income | 2.8x | 4.5x | 3.5x |
| Rent To Monthly Income | nanx | 0.22x | 0.2x |
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 138, 0.9x Lakeview.
Levittown, NY has a cost of living index of 140, 0.9x Lakeview.
Baldwin, NY has a cost of living index of 148, 1.0x Lakeview.
| City | Population | Cost Of Living | Vs. Lakeview |
|---|---|---|---|
| Hempstead, NY | 58,532 | 138 | 0.9x |
| Levittown, NY | 52,540 | 140 | 0.9x |
| Baldwin, NY | 33,352 | 148 | 1.0x |
| Franklin Square, NY | 32,381 | 153 | 1.0x |
| Plainview, NY | 26,665 | 155 | 1.0x |
| Rockville Centre, NY | 25,768 | 173 | 1.1x |
| Massapequa, NY | 22,249 | 163 | 1.1x |
| Merrick, NY | 20,990 | 172 | 1.1x |
| West Hempstead, NY | 20,729 | 153 | 1.0x |
| Lynbrook, NY | 20,325 | 154 | 1.0x |
