Housing costs in Lancaster township?
A typical home costs
$295,700, which is 12.5% less expensive than the national average of
$338,100 and 21.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Lancaster township costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 5.5% more than the state average of
$1,210.
Can I afford Lancaster township?
To live comfortably in Lancaster township, Pennsylvania, a minimum annual income of
$56,520 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Lancaster township?
Living in Lancaster Township, PA is relatively affordable compared to other areas of the state. The median household income is around $70,000 and the cost of living is about 12% lower than the national average. Housing prices are also very reasonable with median home values sitting at around $235,000. Compared to Philadelphia, PA which has a higher cost of living and housing costs of around $324,000, Lancaster Township provides an affordable option for those looking for a different lifestyle. Food and groceries do come at a slightly higher price than many other locations as it’s a tourist destination but overall it’s still cheaper than many locations in Pennsylvania.