Cost Of Living in Indian Mountain Lake, PA

B

2%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

5%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Indian Mountain Lake	Pennsylvania	National
Cost of living	102	98	100
Goods & Services	96	99	100
Groceries	102	99	100
Health care	91	94	100
Housing	105	91	100
Transportation	108	106	100
Utilities	105	107	100

New Real Estate Listings in Indian Mountain Lake Area

For Sale For Rent

Search

Search Homes for Sale in Indian Mountain Lake, PA

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Indian Mountain Lake is 4% higher than the Pennsylvania average
The cost of living in Indian Mountain Lake is 2% higher than the national average
Indian Mountain Lake housing is 5% higher than the national average
Pennsylvania general sales tax is 18% higher than the national average
Pennsylvania state income tax is 36% higher than the national average

Most Affordable Places to Live in and Around Indian Mountain Lake

See all the best places to live around Indian Mountain Lake

Compare Indian Mountain Lake, PA Cost of Living

Write a review to give others more information about this area.

See all Indian Mountain Lake poll results

The best places in Pennsylvania

Here are the best places to live in Pennsylvania

Check out the 10 safest cities in Pennsylvania

See the best places to live in & around Indian Mountain Lake

10 Best cities in Pennsylvania for employment

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$81,579	$6,798	$1,903	$2,448
Renters	$50,069	$4,172	$1,168	$1,502

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Indian Mountain Lake, PA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Indian Mountain Lake homeowners, is $81,579. This would allow for a maximum of $1,903 per month to be spent on housing costs. For renters, the median monthly income is $50,069 which would result in a maximum of $1,168 to be spent on rental costs.

Pennsylvania Sales Tax

State	General Sales Tax	With Max Surtax
Pennsylvania	6%	8%

Pennsylvania Income Tax

State	Income Tax (Low)	Income Tax (High)
Pennsylvania	3.07%	3.07%

Goods & Services

Item	Indian Mountain Lake	National avg.	Difference
Haircut	$24.86	$24.26	2.5%
Beauty Salon	$36.67	$45.56	19.5%
Toothpaste	$3.65	$3.70	1.4%
Shampoo	$1.38	$1.28	7.9%
Movie	$9.90	$12.13	18.4%
Bowling	$17.39	$18.00	3.4%

Groceries

Item	Indian Mountain Lake	National avg.	Difference
Ground Beef	$5.93	$5.84	1.5%
Fried Chicken	$1.53	$1.57	2.7%
Milk	$4.58	$4.67	2.0%
Potatoes	$5.36	$4.93	8.7%
Pizza	$10.88	$12.09	10.0%
Beer	$13.28	$10.41	27.5%

Health Care

Item	Indian Mountain Lake	National avg.	Difference
Optometrist	$83.44	$125.68	33.6%
Doctor	$105.97	$135.78	22.0%
Dentist	$109.14	$113.29	3.7%
Ibuprofen	$10.75	$10.65	0.9%
Lipitor	$493.33	$468.60	5.3%

Housing

Item	Indian Mountain Lake	National avg.	Difference
Home Price	$160,600.00	$184,700.00	13.0%
Avg. Mortgage Payment	$1,439.22	$2,346.69	38.7%
Apartment Rent	$1,402.00	$949.00	47.7%

Transportation

Item	Indian Mountain Lake	National avg.	Difference
Gasoline	$3.69	$3.46	6.6%
Tire Balancing	$67.65	$59.92	12.9%

Utilities

Item	Indian Mountain Lake	National avg.	Difference
All Electricity	$207.34	$193.99	6.9%
Phone	$195.27	$192.25	1.6%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Albrightsville, PA	211	100	0.1%
Weissport, PA	474	88	12.5%
White Haven, PA	1,057	90	10.1%
East Side, PA	294	90	9.6%
Palmerton, PA	5,317	94	5.9%
Indian Mountain Lake, PA	4,427	102	1.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fruit Hill, OH	4,426	101	1.4%
Spurgeon, TN	4,426	91	9.4%
North Okanagan C, BC	4,428	n/a
McSwain, CA	4,429	144	44.2%
Pendleton, IN	4,429	95	4.7%
Indian Mountain Lake, PA	4,427	102	1.6%