Lock Haven, PA, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Lock Haven stands at 88, which is 12% below the national average of 100. This lower index makes it an attractive option for those looking to reduce their living expenses without sacrificing quality of life.
Specifically, housing costs in Lock Haven are 24% below the national average, while groceries and utilities are only slightly below average. Transportation and healthcare costs are also close to the national average, providing a balanced and affordable living experience.
Lock Haven, PA, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 76, which is 24% below the average cost of living. This means that housing expenses in Lock Haven are significantly more affordable. Additionally, groceries cost 10% less than the national average, with an index of 90. This makes everyday food purchases more budget-friendly for residents.
Utilities in Lock Haven are also slightly below the national average, with an index of 95, representing a 5% decrease. Transportation costs are 15% lower than the average, with an index of 85, making commuting and travel more economical. Healthcare costs are close to the national average, at 98, which is only 2% higher. Miscellaneous expenses, such as entertainment and personal care, are at 92, which is 8% below the average. Overall, Lock Haven presents a cost of living that is attractive for those looking to reduce their expenses while maintaining a good quality of life.