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Lakeside, VA vs Mount Hermon, VA

97
Lakeside
Virginia
VS
+12.3%
86
Mount Hermon
Virginia

Mount Hermon is moderately more affordable than Lakeside, with a 12.3% lower cost of living index. Lakeside scores 97 compared to 86 for Mount Hermon, where the US average is 100. This difference means residents of Lakeside can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lakeside is $1,330/month compared to $1,180/month in Mount Hermon — a 13% difference. Home values follow the same pattern: Mount Hermon is more affordable at $191,400 median vs $271,400.

Median household income in Lakeside is $69,695 compared to $82,986 in Mount Hermon (-16%). Mount Hermon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lakeside spend roughly 22.9% of their income on rent, more than the 17.1% in Mount Hermon.

Income & Cost

Cost of Living Index
Lakeside
97
Mount Hermon
86
11% cheaper
Median Household Income
Lakeside
$69,695
Mount Hermon
$82,986
16% higher

Housing

Median Rent
Lakeside
$1,330
Mount Hermon
$1,180
11% cheaper
Median Home Value
Lakeside
$271,400
Mount Hermon
$191,400
29% cheaper
Population
Lakeside
12,845
Mount Hermon
4,326

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lakeside $2.98
Mount Hermon
US $3.07
🥚
Eggs (grade A, large)
Lakeside $2.43
Mount Hermon
US $2.50
🥛
Milk (whole)
Lakeside $3.91
Mount Hermon
US $4.03
🍞
Bread (white)
Lakeside $1.80
Mount Hermon
US $1.85
🍗
Chicken breast
Lakeside $4.02
Mount Hermon
US $4.14
Electricity
Lakeside $0.17
Mount Hermon
US $0.19