Cost of living in Lock Haven research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lock Haven is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lock Haven is 91, with 100 being the average.
The cost of living index in Lock Haven is 0.9x lower than the national average.
Lock Haven ranks as the #60 cheapest in Pennsylvania out of 247.
Lock Haven ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Lock Haven is $132,100.
The median income in Lock Haven is $37,662.
According to the most recent data on the cost of living, Lock Haven has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Pennsylvania, Lock Haven has a cost of living index that's 0.9x lower than Pennsylvania's index of 97.
The standard of living in Lock Haven ranks as #60 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Lock Haven ranks as the #187 most expensive place in the Keystone State.
For more reading on life in Lock Haven, check out:
Six factors go into calculating the cost of living index in Lock Haven. Here is how it fairs on each of the criteria:
The Services index in Lock Haven is 99.
The Groceries index in Lock Haven is 112.
The Health index in Lock Haven is 98.
The Housing index in Lock Haven is 62.
The Transportation index in Lock Haven is 107.
The Utilities index in Lock Haven is 110.
Living Expense | Lock Haven | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 91 | 97 | 100 | |
Services | 99 | 99 | 100 | |
Groceries | 112 | 101 | 100 | |
Health | 98 | 97 | 100 | |
Housing | 62 | 85 | 100 | |
Transportation | 107 | 105 | 100 | |
Utilities | 110 | 106 | 100 |
Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lock Haven is $132,100.
The Median Rent in Lock Haven is $753.
The Median Income in Lock Haven is $37,662.
The Home Value To Income in Lock Haven is 3.5x.
The Rent To Monthly Income in Lock Haven is 0.24x.
Statistic | Lock Haven | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $132,100 | $197,300 | $244,900 |
Median Rent | $753 | $1,013 | $1,163 |
Median Income | $37,662 | $67,587 | $69,021 |
Home Value To Income | 3.5x | 2.9x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Item | Lock Haven | Pennsylvania |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $10.6 | $10.68 |
Bowling | $15.33 | $14.67 |
Haircut | $18.93 | $18.62 |
Beauty Salon | $33.39 | $39.05 |
Item | Lock Haven | Pennsylvania |
---|---|---|
Ground Beef | $4.31 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.16 | $2.05 |
Potatoes | $3.98 | $3.29 |
Pizza | $9.11 | $10.62 |
Beer | $10.1 | $9.38 |
Toothpaste | $2.08 | $2.34 |
Item | Lock Haven | Pennsylvania |
---|---|---|
Optometrist | $64.95 | $108.57 |
Doctor | $71.67 | $116.17 |
Dentist | $125.11 | $99.13 |
Item | Lock Haven | Pennsylvania |
---|---|---|
Gasoline | $2.55 | $2.22 |
Tire Balancing | $45.2 | $50.07 |
Item | Lock Haven | Pennsylvania |
---|---|---|
All Electricity | $189.74 | $167.67 |
Phone | $189.07 | $175.64 |
The cost of living varies in the cities and towns around Lock Haven. Here's a quick look at the cost of living in the most populous nearby places:
State College, PA has a cost of living index of 111, 1.2x Lock Haven.
Williamsport, PA has a cost of living index of 89, 1.0x Lock Haven.
Jacksonville, TX has a cost of living index of 83, 0.9x Lock Haven.
City | Population | Cost Of Living | Vs. Lock Haven |
---|---|---|---|
State College, PA | 40,352 | 111 | 1.2x |
Williamsport, PA | 27,908 | 89 | 1.0x |
Jacksonville, TX | 14,029 | 83 | 0.9x |
Sunbury, PA | 9,729 | 88 | 1.0x |
Milton, PA | 6,641 | 91 | 1.0x |
South Williamsport, PA | 6,265 | 95 | 1.0x |
Bellefonte, PA | 6,181 | 98 | 1.1x |
Selinsgrove, PA | 5,774 | 97 | 1.1x |
Lewisburg, PA | 5,336 | 98 | 1.1x |