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Harveys Lake, PA vs Schaefferstown, PA

89
Harveys Lake
Pennsylvania
VS
+10.2%
81
Schaefferstown
Pennsylvania

Schaefferstown is moderately more affordable than Harveys Lake, with a 10.2% lower cost of living index. Harveys Lake scores 89 compared to 81 for Schaefferstown, where the US average is 100. This difference means residents of Harveys Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Harveys Lake is $1,230/month compared to $958/month in Schaefferstown — a 28% difference. Home values follow the same pattern: Schaefferstown is more affordable at $219,400 median vs $229,600.

Median household income in Harveys Lake is $68,462 compared to $89,155 in Schaefferstown (-23.2%). Schaefferstown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Harveys Lake spend roughly 21.6% of their income on rent, more than the 12.9% in Schaefferstown.

Income & Cost

Cost of Living Index
Harveys Lake
89
Schaefferstown
81
9% cheaper
Median Household Income
Harveys Lake
$68,462
Schaefferstown
$89,155
23% higher

Housing

Median Rent
Harveys Lake
$1,230
Schaefferstown
$958
22% cheaper
Median Home Value
Harveys Lake
$229,600
Schaefferstown
$219,400
4% cheaper
Population
Harveys Lake
2,800
Schaefferstown
938

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Harveys Lake $3.01
Schaefferstown $3.01
US $3.07
🥚
Eggs (grade A, large)
Harveys Lake $2.46
Schaefferstown $2.46
US $2.50
🥛
Milk (whole)
Harveys Lake $3.96
Schaefferstown $3.96
US $4.03
🍞
Bread (white)
Harveys Lake $1.82
Schaefferstown $1.82
US $1.85
🍗
Chicken breast
Harveys Lake $4.07
Schaefferstown $4.07
US $4.14
Electricity
Harveys Lake $0.22
Schaefferstown $0.22
US $0.19