Housing costs in Indian Lake?
A typical home costs
$403,000, which is 19.2% more expensive than the national average of
$338,100 and 66.0% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Indian Lake costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,210.
Can I afford Indian Lake?
To live comfortably in Indian Lake, Pennsylvania, a minimum annual income of
$77,040 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Indian Lake?
The cost of living in Indian Lake, PA is reasonably affordable for the most part. The average rent for a one-bedroom apartment in the area is around $650 per month, and the median home price is just under $100,000. Utilities are also relatively low, as electricity costs approximately $0.10 per kilowatt-hour and natural gas costs slightly over $1 per therm. Groceries tend to be more expensive than neighboring towns due to its more rural location, but overall prices remain fairly competitive. Residents can expect to pay slightly more for goods and services than those outside the area due to higher taxes and a lack of competition from big box stores or chain restaurants.