Cost of Living in Lakemont, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.9
100 = national avg
-11.1 vs national average
Living Wage (1 Adult)
$39,114
per year
Living Wage (Family of 4)
$92,451
per year
Cost Index by Category
Housing100.1
Food87.5
Transportation75.0
Healthcare90.0
Utilities92.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$948
per month
2 Bedroom
$1,138
per month
The overall cost of living index in Lakemont is 88.9, which is 11.1% below the national average. Housing costs are above the national average at an index of 100.1. A single adult needs to earn approximately $39,114 per year to cover basic expenses.