Jessup, PA vs Lakemont, PA

Jessup, PA and Lakemont, PA have a very similar cost of living, with only a 3.4% difference in their overall index. Jessup scores 74 while Lakemont scores 77 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 Jessup is $902/month compared to $1,103/month in Lakemont — a 18% difference. Interestingly, home values tell a different story: while Jessup has cheaper rent, Lakemont actually has lower median home values ($147,300 vs $170,000).

Median household income in Jessup is $61,174 compared to $49,036 in Lakemont (+24.8%). Jessup offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Jessup spend roughly 17.7% of their income on rent, less than the 27% in Lakemont.