Lakeside, VA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Lakeside, VA Summary

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.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
99
Lakeside's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Lakeside, VA?

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:

48 out of 186
In Virginia
3,027 out of 6,412
In America

Lakeside Cost Of Living Vs. Virginia

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
For more reading on cost of living around Virginia, check out:
Lakeside Cost of Living Vs. VA

Lakeside, VA Housing Cost Breakdown

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
Search Homes For Sale In Lakeside, VA
$215,800
Median Home Value
$1,100
Median Rent
$59,234
Median Income

Lakeside, VA Costs By Category

Detailed Lakeside Services Costs Vs. Virginia

Item Lakeside Virginia
Shampoo $0.97 $1.06
Movie $11.73 $10.68
Bowling $18.0 $14.67
Haircut $21.36 $18.62
Beauty Salon $44.43 $39.05

Detailed Lakeside Groceries Costs Vs. Virginia

Item Lakeside Virginia
Ground Beef $3.61 $4.22
Fried Chicken $1.05 $1.39
Milk $1.58 $2.05
Potatoes $3.16 $3.29
Pizza $10.13 $10.62
Beer $9.82 $9.38
Toothpaste $1.85 $2.34

Detailed Lakeside Health Costs Vs. Virginia

Item Lakeside Virginia
Optometrist $116.2 $108.57
Doctor $139.74 $116.17
Dentist $99.4 $99.13

Detailed Lakeside Transportation Costs Vs. Virginia

Item Lakeside Virginia
Gasoline $2.01 $2.22
Tire Balancing $46.7 $50.07

Detailed Lakeside Utilities Costs Vs. Virginia

Item Lakeside Virginia
All Electricity $176.41 $167.67
Phone $177.97 $175.64

Lakeside SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
6
Diversity
9
Safety
N/A
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Lakeside

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

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