Cost of Living
per year
per month
How Lakeville's prices compare to the US city average across major spending categories.
How far does your salary go in Lakeville?
Your $100,000 in Lakeville has the same purchasing power as $93,765 in the average US city. You'd need $6,235 more here to maintain that standard of living.
Demographics and workforce data from the US Census ACS 5-Year.
bachelor's or higher
Climate, safety, and walkability indicators.
See a side-by-side breakdown of cost of living, housing, and salaries.
Popular comparisons
Sorted by affordability — most affordable first.
Within 10 points of Lakeville's cost index of 107, sorted by closest match.
Lakeville has a handful of real selling points, and they're not the kind of thing you find in a brochure. A high-income city, even by US standards and the labor market runs tight are the headliners, plus 4 more things worth knowing. The rest is below.
Lakeville's typical household earns $129,069, which puts it in the top tier of US cities for household income. The bottom of the wage distribution isn't necessarily different from anywhere else, but the median and above sit meaningfully higher.
The unemployment rate in Lakeville sits at roughly 2.5%, which is a tight labor market by US standards. Salaries get nudged up faster, openings are easier to find, and switching jobs is less of a leap than it is in a softer market.
The reported crime rate in Lakeville runs about 761 per 100,000 residents — meaningfully below the national norm. People who care about safety as a baseline rather than a feature tend to land in cities with numbers like these.
Average AQI in Lakeville comes in around 37, well into the "good" band. Clean air isn't a thing you appreciate until you've lived somewhere it wasn't — and this is the side of that line you want to be on.
Average commute time in Lakeville runs around 25 minutes one-way — short enough that it doesn't restructure your day. Compared to the 45-plus-minute commutes that are normal in major metros, the difference adds up to a real lifestyle gap.
Lakeville has a college-educated share of about 50% among adults 25+, which is higher than the national norm. It shows up in the local job mix, in the school district's reputation, and in the kind of conversations you have at the coffee shop.
Reasons are pulled from Lakeville's actual data — Census ACS, BLS, BEA, NOAA, EPA AQS, FBI, and Walk Score. We don't list positives that aren't supported by the numbers, which is why different cities show different sections.
Yes — and a lot of it. With winter averages near 12°F, Lakeville sees real accumulation most years. Salt for the steps, tires that handle ice, and a sense of humor about February are the usual costs of admission.
Properly cold. Lakeville's winter sits around 12°F on average — and that's the average, meaning plenty of nights drop well below zero. People here own gear.
Reliably warm. Lakeville's summer averages around 81°F, the kind of heat where you remember to leave the house before noon for outdoor things and accept that the back of your shirt will be wet by lunchtime.
Lakeville falls in roughly USDA Zone 6. The zone classification is based on average annual minimum temperatures, so it's the right lookup for whether perennials and trees will overwinter here. Note that this is approximate from our winter-temperature data — check the USDA map for the exact zone before betting an expensive plant on it.
Roughly 1,086 feet (331 m). That's modest elevation — comparable to most inland-Midwest and Southern cities.
The headline number is reassuring. Lakeville's reported incident rate of about 761 per 100,000 is comfortably below the US norm of around 3,500 per 100k. Specific neighborhoods always vary, but the broader picture is on the safer side.
It's a middle-of-the-road US city on cost. Lakeville's index of 107 sits within a few points of the national average — your money buys roughly what it would in a typical American metro.
Lakeville's Walk Score is 6/100, firmly in the car-required tier. The layout assumes you'll drive to the grocery store, drive to work, drive everywhere.
As a rule of thumb, plan on about $74,655 to live in Lakeville the way a $70,000 earner lives in a typical US city. The math gets less forgiving the lower you go below that. Median rent in Lakeville runs about $1,623/mo — keeping housing under 30% of gross income points to a similar floor on what you'd want to earn.