Cost of Living in Lightstreet, PA
Population: 1,273 | Pennsylvania
Lightstreet is 23% less expensive than the national average.
Cost of Living in Lightstreet, PA: What You Need to Know
With a cost of living index of 77, Lightstreet, PA is a very affordable place to live. Living here is 23% cheaper than the national average and 6% below the Pennsylvania state average of 83. Lightstreet is a small community of 1,273 residents.
Housing costs are the biggest factor in Lightstreet's cost of living. The median monthly rent is $1,055 (20% below the US median of $1,319), and the median home value sits at $152,200 (50% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.
The median household income in Lightstreet is $40,658, which is 46% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Scranton--Wilkes-Barre, PA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $40,658
- vs US Median ($75,149)
- -46%
Housing
- Median Rent
- $1,055/mo
- Median Home Value
- $152,200
- Median Monthly Housing Cost
- $980/mo
Everyday Prices in Lightstreet
BLS Average Prices for the Scranton--Wilkes-Barre, PA (Metropolitan Statistical Area) area