Housing costs in Lancaster?
A typical home costs
$270,000, which is 20.1% less expensive than the national average of
$338,100 and 9.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lancaster costs
$1,470 per month, which is 14.8% more than the national average of
$1,280 and 4.1% cheaper than the state average of
$1,530.
Can I afford Lancaster?
To live comfortably in Lancaster (zip 75134), Texas, a minimum annual income of
$51,840 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in 75134 Lancaster, TX is relatively affordable. According to BestPlaces, the cost of living index is rated at 81.93, with a rent index of 57.33 and a groceries index of 91.36. This suggests that rent prices are relatively low compared to the average cost of groceries and other items. In general, residents can expect costs to be lower than many areas throughout Texas and the U.S., which makes 75134 an attractive option for those looking to save money without sacrificing access to amenities or quality of life.