Cost of Living in Lakeview, GA
Population 4,760 · Georgia · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Lakeview a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $162,000.
Geographically, Lakeview sits roughly 6 miles south of Chattanooga. Median home values run roughly 37% lower than Chattanooga's $259,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lakeview
The median home value in Lakeview is $162,300 — 47% below the national median of $305,000. Median rent runs $985/month, 25% lower than the national median of $1,314/month. The median household income of $56,208/year is 25% lower than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. The climate averages highs of 72.2°F and lows of 51.5°F, with about 3.6" of annual snowfall. Overall, Lakeview has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.
Lakeview has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 51 | 56 | 64 | 74 | 81 | 88 | 91 | 90 | 84 | 74 | 62 | 53 |
| Low °F | 32 | 36 | 42 | 50 | 59 | 67 | 71 | 70 | 64 | 51 | 40 | 35 |
| Precip" | 5.02 | 5.03 | 5.34 | 4.87 | 3.94 | 4.18 | 5.08 | 3.67 | 4.23 | 3.59 | 4.80 | 5.25 |
| Snow" | 1.0 | 1.2 | 1.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 |
Frequently Asked Questions
What is the cost of living in Lakeview, GA?
Lakeview has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Lakeview, GA?
The median gross rent in Lakeview is $985 per month based on 2023 Census data.
What is the average home price in Lakeview?
The median home value in Lakeview is $162,300 according to 2023 Census ACS data.
What is the median income in Lakeview?
The median household income in Lakeview is $56,208 per year (2023 ACS 5-year estimates).
What is the sales tax in Lakeview, GA?
The combined state and local sales tax rate in Lakeview is 7.3%. The Georgia state income tax top rate is 5.5%.
Is Lakeview, GA affordable?
Yes, Lakeview is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
What is the weather like in Lakeview?
Lakeview has average high temperatures of 72.2°F and average lows of 51.5°F. Annual precipitation is 55". Average annual snowfall is 3.6". Data from NOAA 1991–2020 Climate Normals.
Lakeview at a Glance
- Population
- 4,760
- Median Income
- $56,208
- Home Value
- $162,300
- Median Rent
- $985/mo
- Unemployment
- 4.1%
- Avg High Temp
- 72.2°F
- Sales Tax
- 7.3%
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