Lemont Furnace, PA vs Rankin, PA

Rankin is moderately more affordable than Lemont Furnace, with a 9.8% lower cost of living index. Lemont Furnace scores 62 compared to 57 for Rankin, where the US average is 100. This difference means residents of Lemont Furnace can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lemont Furnace is $773/month compared to $548/month in Rankin — a 41% difference. Interestingly, home values tell a different story: while Rankin has cheaper rent, Lemont Furnace actually has lower median home values ($68,900 vs $84,400).

Median household income in Lemont Furnace is $60,000 compared to $29,783 in Rankin (+101.5%). While Lemont Furnace is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lemont Furnace spend roughly 15.5% of their income on rent, less than the 22.1% in Rankin.