Lacy-Lakeview, TX Cost Of Living
Cost Of Living In Lacy-Lakeview, TX Summary
Cost of living in Lacy-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 Lacy-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 Texas, 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 Lacy-Lakeview is 83, with 100 being the average.
The cost of living index in Lacy-Lakeview is 0.8x lower than the national average.
Lacy-Lakeview ranks as the #96 cheapest in Texas out of 405.
Lacy-Lakeview ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Lacy-Lakeview is $120,400.
The median income in Lacy-Lakeview is $39,234.
Table Of Contents
Lacy-Lakeview's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lacy-Lakeview, TX?
According to the most recent data on the cost of living, Lacy-Lakeview has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Texas, Lacy-Lakeview has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Lacy-Lakeview ranks as #96 most affordable out of the 405 places we measured in Texas. By definition, that implies Lacy-Lakeview ranks as the #309 most expensive place in the Lone Star State.
For more reading on life in Lacy-Lakeview, check out:
- Living In Lacy-Lakeview
- Lacy-Lakeview Crime Report
- Search Homes For Sale In Lacy-Lakeview, TX
In Texas
In America
Lacy-Lakeview Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lacy-Lakeview. Here is how it fairs on each of the criteria:
The Services index in Lacy-Lakeview is 101.
The Groceries index in Lacy-Lakeview is 79.
The Health index in Lacy-Lakeview is 92.
The Housing index in Lacy-Lakeview is 51.
The Transportation index in Lacy-Lakeview is 92.
The Utilities index in Lacy-Lakeview is 103.
| Living Expense | Lacy-Lakeview | Texas | National Average | |
|---|---|---|---|---|
| Overall | 83 | 92 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 79 | 93 | 100 | |
| Health | 92 | 93 | 100 | |
| Housing | 51 | 84 | 100 | |
| Transportation | 92 | 92 | 100 | |
| Utilities | 103 | 104 | 100 | |
Lacy-Lakeview, 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 2017-2021. The key points are:
The Median Home Value in Lacy-Lakeview is $120,400.
The Median Rent in Lacy-Lakeview is $763.
The Median Income in Lacy-Lakeview is $39,234.
The Home Value To Income in Lacy-Lakeview is 3.1x.
The Rent To Monthly Income in Lacy-Lakeview is 0.23x.
| Statistic | Lacy-Lakeview | Texas | United States |
|---|---|---|---|
| Median Home Value | $120,400 | $202,600 | $244,900 |
| Median Rent | $763 | $1,146 | $1,163 |
| Median Income | $39,234 | $67,321 | $69,021 |
| Home Value To Income | 3.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Lacy-Lakeview, TX Costs By Category
Detailed Lacy-Lakeview Services Costs Vs. Texas
| Item | Lacy-Lakeview | Texas |
|---|---|---|
| Shampoo | $0.89 | $1.06 |
| Movie | $7.76 | $10.68 |
| Bowling | $17.22 | $14.67 |
| Haircut | $16.52 | $18.62 |
| Beauty Salon | $37.38 | $39.05 |
Detailed Lacy-Lakeview Groceries Costs Vs. Texas
| Item | Lacy-Lakeview | Texas |
|---|---|---|
| Ground Beef | $2.95 | $4.22 |
| Fried Chicken | $0.96 | $1.39 |
| Milk | $1.34 | $2.05 |
| Potatoes | $2.2 | $3.29 |
| Pizza | $10.16 | $10.62 |
| Beer | $10.0 | $9.38 |
| Toothpaste | $1.9 | $2.34 |
Detailed Lacy-Lakeview Health Costs Vs. Texas
| Item | Lacy-Lakeview | Texas |
|---|---|---|
| Optometrist | $101.66 | $108.57 |
| Doctor | $99.07 | $116.17 |
| Dentist | $96.33 | $99.13 |
Detailed Lacy-Lakeview Transportation Costs Vs. Texas
| Item | Lacy-Lakeview | Texas |
|---|---|---|
| Gasoline | $1.9 | $2.22 |
| Tire Balancing | $50.59 | $50.07 |
Detailed Lacy-Lakeview Utilities Costs Vs. Texas
| Item | Lacy-Lakeview | Texas |
|---|---|---|
| All Electricity | $176.07 | $167.67 |
| Phone | $184.73 | $175.64 |
Lacy-Lakeview SnackAbility
/10
Cost Of Living In Cities Around Lacy-Lakeview
The cost of living varies in the cities and towns around Lacy-Lakeview. Here's a quick look at the cost of living in the most populous nearby places:
Waco, TX has a cost of living index of 86, 1.0x Lacy-Lakeview.
Temple, TX has a cost of living index of 90, 1.1x Lacy-Lakeview.
Corsicana, TX has a cost of living index of 90, 1.1x Lacy-Lakeview.
| City | Population | Cost Of Living | Vs. Lacy-Lakeview |
|---|---|---|---|
| Waco, TX | 136,800 | 86 | 1.0x |
| Temple, TX | 80,793 | 90 | 1.1x |
| Corsicana, TX | 24,589 | 90 | 1.1x |
| Belton, TX | 22,866 | 88 | 1.1x |
| Gatesville, TX | 15,997 | 83 | 1.0x |
| Hewitt, TX | 15,707 | 93 | 1.1x |
| Robinson, TX | 12,336 | 94 | 1.1x |
| Bellmead, TX | 10,487 | 80 | 1.0x |
| Woodway, TX | 9,310 | 101 | 1.2x |
