Lake George, NY, has a higher cost of living compared to the nationwide average. The overall cost of living index in Lake George stands at 108, which is 8% higher than the average of 100. Housing costs are notably higher, with an index of 120, indicating a 20% increase over the national average. This suggests that job seekers should consider these elevated expenses when planning their relocation to Lake George.
The cost of living in Lake George, NY, shows a mixed picture when compared to the nationwide average. Housing costs in Lake George stand at 120, which is 20% higher than the national average. This increase suggests that finding affordable housing may be more challenging for residents and newcomers alike. However, groceries are relatively close to the national average, with an index of 105, indicating only a 5% increase in food expenses.
Utilities in Lake George, however, are slightly below the national average, with an index of 95. This means residents can expect to pay 5% less for utilities compared to the nationwide average. Transportation costs are also higher, with an index of 110, reflecting a 10% increase. Healthcare costs are nearly in line with the national average, with an index of 102, showing a modest 2% increase. Miscellaneous expenses, with an index of 107, are slightly higher by 7% compared to the average. Overall, while some areas show higher costs, others offer more affordable options.
