Lake township (Luzerne County), PA Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Lake township (Luzerne County), Pennsylvania?
$3,720 / month
for a family, 31.1% less expensive than the national average A total of $44,640 for the year for a family.
$3,067 / month
for a single person, 35.7% less expensive than the national average A total of $36,800 for the year for a single person.

Lake township (Luzerne County) cost of living score
80.6
Less expensive
19.4% lower
than the US average
14.8% lower
than the Pennsylvania average
Lake township (Luzerne County), Pennsylvania gets a BestPlaces Cost of Living score of 80.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.4% lower than the U.S. average and 14.8% higher than the average for Pennsylvania.

Lake township (Luzerne County), PA

Housing costs in Lake township (Luzerne County)?
A typical home costs $233,600, which is 30.9% less expensive than the national average of $338,100 and 3.8% less expensive than the average Pennsylvania home, at $242,800. Renting a two-bedroom unit in Lake township (Luzerne County) 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 township (Luzerne County)?
To live comfortably in Lake township (Luzerne County), Pennsylvania, a minimum annual income of $44,640 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Lake township (Luzerne County)?
The cost of living in Lake Township (Luzerne County), PA is quite reasonable. With a median home value of $132,900, the cost of owning a home in this community is significantly lower than the national average. The area is also home to plenty of affordable rental properties that are perfect for those who prefer not to own property. Groceries and other daily needs remain relatively low compared to other areas in Pennsylvania as well. For those looking for an affordable place to live with a great quality of life and scenic views, Lake Township is an excellent option.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake township (Luzerne County)PennsylvaniaUnited States
    Unlock94.6100.0
  101.8  Unlock100.0
    Unlock101.1100.0
  62.0  Unlock100.0
    Unlock$242,800$338,100
  99.1  Unlock100.0
    Unlock104.0100.0
  101.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Lake township (Luzerne County), PA
cost of living
Compare food, housing, utilities, and more in Lake township (Luzerne County), Pennsylvania to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.