Cost of living in Lakeside 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 Lakeside is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, 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 Lakeside is 99, with 100 being the average.
The cost of living index in Lakeside is 1.0x lower than the national average.
Lakeside ranks as the #48 cheapest in Virginia out of 186.
Lakeside ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Lakeside is $215,800.
The median income in Lakeside is $59,234.
According to the most recent data on the cost of living, Lakeside has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Virginia, Lakeside has a cost of living index that's 1.0x lower than Virginia's index of 102.
The standard of living in Lakeside ranks as #48 most affordable out of the 186 places we measured in Virginia. By definition, that implies Lakeside ranks as the #138 most expensive place in the Old Dominion.
For more reading on life in Lakeside, check out:
Six factors go into calculating the cost of living index in Lakeside. Here is how it fairs on each of the criteria:
The Services index in Lakeside is 102.
The Groceries index in Lakeside is 93.
The Health index in Lakeside is 107.
The Housing index in Lakeside is 93.
The Transportation index in Lakeside is 94.
The Utilities index in Lakeside is 101.
Living Expense | Lakeside | Virginia | National Average | |
---|---|---|---|---|
Overall | 99 | 102 | 100 | |
Services | 102 | 102 | 100 | |
Groceries | 93 | 98 | 100 | |
Health | 107 | 102 | 100 | |
Housing | 93 | 107 | 100 | |
Transportation | 94 | 95 | 100 | |
Utilities | 101 | 102 | 100 |
Housing swings affordability the most between places in Virginia, 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 Lakeside is $215,800.
The Median Rent in Lakeside is $1,100.
The Median Income in Lakeside is $59,234.
The Home Value To Income in Lakeside is 3.6x.
The Rent To Monthly Income in Lakeside is 0.22x.
Statistic | Lakeside | Virginia | United States |
---|---|---|---|
Median Home Value | $215,800 | $295,500 | $244,900 |
Median Rent | $1,100 | $1,326 | $1,163 |
Median Income | $59,234 | $80,615 | $69,021 |
Home Value To Income | 3.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Lakeside. Here's a quick look at the cost of living in the most populous nearby places:
Corpus Christi, TX has a cost of living index of 90, 0.9x Lakeside.
Kingsville, TX has a cost of living index of 87, 0.9x Lakeside.
Portland, TX has a cost of living index of 95, 1.0x Lakeside.
City | Population | Cost Of Living | Vs. Lakeside |
---|---|---|---|
Corpus Christi, TX | 318,168 | 90 | 0.9x |
Kingsville, TX | 25,415 | 87 | 0.9x |
Portland, TX | 19,914 | 95 | 1.0x |
Alice, TX | 18,001 | 87 | 0.9x |
Beeville, TX | 13,780 | 85 | 0.9x |
Robstown, TX | 10,372 | 80 | 0.8x |