Hamburg, PA vs Lakemont, PA

Lakemont is moderately more affordable than Hamburg, with a 8.3% lower cost of living index. Hamburg scores 83 compared to 77 for Lakemont, where the US average is 100. This difference means residents of Hamburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hamburg is $1,126/month compared to $1,103/month in Lakemont — a 2% difference. Home values follow the same pattern: Lakemont is more affordable at $147,300 median vs $182,900.

Median household income in Hamburg is $57,212 compared to $49,036 in Lakemont (+16.7%). While Hamburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hamburg spend roughly 23.6% of their income on rent, less than the 27% in Lakemont.