Lakeville is located in Indiana and has an overall cost of living that is -8% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Lakeville.

Housing: Median rent in Lakeville is $1,358 / month, and the median home price is $452,484. Housing costs are -15% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.14), milk ($4.79), and eggs ($4.73) reflect the local grocery landscape. Overall grocery costs are +1% vs the national average.

Healthcare: Medical costs include doctor visits ($161.37), dentist visits ($129.62), and prescription drugs ($23.36). These costs should be factored into your monthly budget when planning a move.

Indiana has a state income tax rate of 3.05%, which affects take-home pay for Lakeville residents.

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Lakeville, Indiana Cost of Living FAQ

Common questions about living costs in Lakeville.

Lakeville, Indiana has an overall cost of living that is -8% the national average. Housing costs are -15% vs the national average. Grocery prices are +1% vs average. Utilities are -5% vs average. This makes Lakeville a reasonably affordable city.

The median rent in Lakeville, Indiana is $1,358 / month. Average energy bills run $208.46 / month. Phone bills average $185.97 / month. Housing is typically the largest expense for residents.

Healthcare costs in Lakeville: doctor's visit averages $161.37, dentist visit averages $129.62, prescription drugs average $23.36. Overall healthcare expenses in the area are influenced by the +1% grocery cost difference.

Lakeville is one of 123 cities tracked in Indiana. With an overall cost -8% vs the national average, it is more affordable than many other cities in the state. Visit our Indiana state page to compare all cities side-by-side and find the best fit for your budget.

Lakeville offers cost of living -8% compared to the national average. Key factors to consider: median home price of $452,484, rent of $1,358 / month, and a state income tax of 3.05% in Indiana. Explore our detailed cost breakdown above to see if Lakeville fits your budget.