Housing costs in Lancaster?
A typical home costs
$415,800, which is 23.0% more expensive than the national average of
$338,100 and 43.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lancaster costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 14.4% cheaper than the state average of
$2,150.
Can I afford Lancaster?
To live comfortably in Lancaster, California, a minimum annual income of
$79,560 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in Lancaster, CA is significantly higher than the national average. With a median house value of $415,800, it is more than 20% higher than the US average of $338,100. This is also reflected in the cost of living index which stands at 115, 15 points higher than the national average. Even though costs are higher in Lancaster CA, it is still an attractive destination for many due to its proximity to sprawling cities such as Los Angeles and San Diego and its stunning natural beauty and offerings.