Lake Heritage, PA Cost of Living


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Lake Heritage cost of living score
95
Less expensive
5.0% lower
than the US average
0.4% higher
than the Pennsylvania average
Lake Heritage, Pennsylvania gets a BestPlaces Cost of Living score of 95, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.0% lower than the U.S. average and 0.4% lower than the average for Pennsylvania.

Lake Heritage, PA

Housing costs in Lake Heritage?
A typical home costs $302,500, which is 10.5% less expensive than the national average of $338,100 and 24.6% more expensive than the average Pennsylvania home, at $242,800. Renting a two-bedroom unit in Lake Heritage costs $1,130 per month, which is 21.0% cheaper than the national average of $1,430 and 7.1% cheaper than the state average of $1,210.

Can I afford Lake Heritage?
To live comfortably in Lake Heritage, Pennsylvania, a minimum annual income of $57,960 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Lake Heritage?
The cost of living in Lake Heritage, PA is higher than the national average. The median home price is $267,000 which is significantly higher than the national median of $184,700. However, housing costs are offset by low utility costs and tax rates. The average electricity cost for Lake Heritage residents is only 8.9 cents/kWh compared to the national average of 10.5 cents/kWh. Additionally, Pennsylvania has a relatively low state income tax rate of 3.07%, while other states often have taxes up to 6%. All in all, living in Lake Heritage can be expensive but there are ways to lower the cost by taking advantage of low utility and tax rates.
   Cost of living score
     CategoriesLake HeritagePennsylvaniaUnited States
  95.094.6100.0
  106.1100.3100
  125.7101.1100.0
  93.380.5100.0
  $302,500$242,800$338,100
  101.3%98.2%100.0%
  90.0104.0100.0
  107.4101.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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