Fairhope, PA vs Laceyville, PA

Fairhope, PA and Laceyville, PA have a very similar cost of living, with only a 0.4% difference in their overall index. Fairhope scores 69 while Laceyville scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fairhope is $883/month compared to $882/month in Laceyville — a 0% difference. Interestingly, home values tell a different story: while Laceyville has cheaper rent, Fairhope actually has lower median home values ($115,600 vs $125,000).

Median household income in Fairhope is $36,917 compared to $68,500 in Laceyville (-46.1%). While Laceyville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairhope spend roughly 28.7% of their income on rent, more than the 15.5% in Laceyville.