Lake View cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexLake ViewAlabamaNational
Cost of living index10289100
IndexLake ViewAlabamaNational
Goods & Services index9998100
Groceries index10298100
Health care index8185100
Housing index11773100
Transportation index8992100
Utilities index9399100

Did you know?

  • The cost of living in Lake View is 15% higher than the Alabama average.
  • The cost of living in Lake View is 2% higher than the national average.
  • The cost of housing in Lake View is 17% higher than the national average.
  • Alabama general sales tax is 21% lower than the national average.
  • Alabama state income tax is 10% lower than the national average.

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Compare Lake View, AL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$83,806$6,984$1,955$2,514
Renters$45,500$3,792$1,062$1,365

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%

Goods & Services

ItemLake ViewNational avg.Difference
Haircut $14.50$14.590.6%
Beauty Salon $29.50$34.6814.9%
Toothpaste $2.49$2.470.7%
Shampoo $0.92$1.0210.0%
Movie $10.06$9.871.9%
Bowling $4.65$4.395.9%

Groceries

ItemLake ViewNational avg.Difference
Ground Beef $4.47$4.480.2%
Fried Chicken $1.34$1.468.5%
Milk $2.29$2.362.8%
Potatoes $4.38$3.0643.1%
Pizza $10.00$9.248.2%
Beer $7.93$8.638.1%

Health Care

ItemLake ViewNational avg.Difference
Optometrist $109.33$99.789.6%
Doctor $86.00$105.0318.1%
Dentist $65.67$88.7026.0%
Ibuprofen $7.69$9.4118.3%
Lipitor $247.00$298.5017.3%

Housing

ItemLake ViewNational avg.Difference
Home Price $184,800.00$175,700.005.2%
Avg. Mortgage Payment $846.13$1,081.0321.7%
Apartment Rent $1,333.00$920.0044.9%

Transportation

ItemLake ViewNational avg.Difference
Gasoline $1.90$2.098.9%
Tire Balancing $37.90$45.2916.3%

Utilities

ItemLake ViewNational avg.Difference
All Electricity$166.92$170.802.3%
Phone $24.33$28.2613.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lipscomb, AL2,33180-20%
Brantleyville, AL94180-20%
North Johns, AL21281-19%
Brighton, AL2,91881-19%
West Blocton, AL1,56682-18%
Lake View, AL2,1431022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Homosassa, FL2,14396-4%
Phoenix, IL2,14392-8%
San Pasqual, CA2,14317474%
Redgranite, WI2,14389-11%
Southworth, WA2,14211818%
Lake View, AL2,1431022%
Source: The Lake View, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.