Housing costs in Penn township (Lancaster County)?
A typical home costs
$327,100, which is 3.3% less expensive than the national average of
$338,100 and 34.7% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Penn township (Lancaster County) costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 8.3% more than the state average of
$1,210.
Can I afford Penn township (Lancaster County)?
To live comfortably in Penn township (Lancaster County), Pennsylvania, a minimum annual income of
$62,640 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Penn township (Lancaster County)?
Penn Township (Lancaster County), PA offers a relatively low cost of living. The median home value in Penn Township is around $180,000, which is lower than the national average. Additionally, the median household income of Penn Township is around $65,000, which is slightly lower than the national average. The cost of living in Penn Township is about 8% below the U.S. average, making it a great place to live for those on a budget. The cost of utilities and other basic necessities are all relatively low compared to other areas in the region and Pennsylvania as a whole. While housing costs could be higher in some other areas, Penn Township residents enjoy an overall low cost of living without sacrificing quality of life or amenity access.