What is the cost of living in Lakeway, TX?
According to the most recent data on the cost of living, Lakeway has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to Texas, Lakeway has a cost of living index that's 1.6x higher than Texas's index of 93.
The standard of living in Lakeway ranks as #404 most affordable out of the 419 places we measured in Texas. By definition, that implies Lakeway ranks as the #15 most expensive place in the Lone Star State.
For more reading on life in Lakeway, check out:
Lakeway Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lakeway. Here is how it fares on each of the criteria:
The Services index in Lakeway is 98.
The Groceries index in Lakeway is 102.
The Health index in Lakeway is 255.
The Housing index in Lakeway is 102.
The Transportation index in Lakeway is 105.
The Utilities index in Lakeway is 98.
| Living Expense | Lakeway | Texas | National Average |
|---|---|---|---|
| Overall | 145 | 93 | 100 |
| Services | 98 | 100 | 100 |
| Groceries | 102 | 99 | 100 |
| Health | 255 | 81 | 100 |
| Housing | 102 | 97 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 98 | 100 | 100 |
Lakeway Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Lakeway Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lakeway, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Lakeway is $741,100.
The Median Rent in Lakeway is $2,981.
The Median Income in Lakeway is $190,060.
The Home Value To Income in Lakeway is 3.9x.
The Rent To Monthly Income in Lakeway is 0.19x.
Lakeway, TX Costs By Category
Detailed Lakeway Services costs vs. Texas
Detailed Lakeway Groceries costs vs. Texas
Detailed Lakeway Health costs vs. Texas
Detailed Lakeway Transportation costs vs. Texas
Lakeway SnackAbility
Cost Of Living In Cities Around Lakeway
The cost of living varies in the cities and towns around Lakeway. Here's a quick look at the cost of living in the most populous nearby places:
Austin, TX has a cost of living index of 124, 0.9x Lakeway.
Cedar Park, TX has a cost of living index of 123, 0.8x Lakeway.
Leander, TX has a cost of living index of 116, 0.8x Lakeway.
| City | Population | Cost Of Living | Vs. Lakeway |
|---|---|---|---|
| Austin, TX | 979,539 | 124 | 0.9x |
| Cedar Park, TX | 78,301 | 123 | 0.8x |
| Leander, TX | 74,067 | 116 | 0.8x |
| Brushy Creek, TX | 19,576 | 121 | 0.8x |
| Wells Branch, TX | 13,523 | 113 | 0.8x |
| Bee Cave, TX | 8,862 | 146 | 1.0x |
