Cost of Living in Lakeview, MT
Population: 36 | Montana
Lakeview is 2% less expensive than the national average.
Cost of Living in Lakeview, MT: What You Need to Know
With a cost of living index of 98, Lakeview, MT is slightly more affordable than average. Living here is 2% cheaper than the national average and 9% above the Montana state average of 89. Lakeview is a small community of 36 residents.
The median household income in Lakeview is $45,500, which is 39% lower than the national median of $75,149.
Climate is another factor for anyone considering a move to Lakeview. The area sees an average annual temperature of 44°F, with summers averaging 65°F and winters around 22°F. Annual rainfall totals 12 inches spread over roughly 92 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $45,500
- vs US Median ($75,149)
- -39%
Housing
- Median Monthly Housing Cost
- $480/mo
Climate in Lakeview
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 28 | 32 | 45 | 56 | 66 | 74 | 85 | 84 | 73 | 57 | 41 | 29 |
| Avg °F | 20 | 24 | 35 | 44 | 53 | 60 | 68 | 67 | 57 | 45 | 32 | 22 |
| Low °F | 13 | 16 | 25 | 32 | 40 | 46 | 52 | 50 | 42 | 32 | 23 | 14 |
| Rain" | 1.1 | 0.7 | 0.9 | 1.5 | 1.7 | 1.4 | 0.4 | 0.8 | 0.8 | 1.0 | 0.8 | 1.0 |