Housing costs in Lancaster?
A typical home costs
$269,800, which is 20.2% less expensive than the national average of
$338,100 and 21.4% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lancaster costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 34.6% cheaper than the state average of
$1,400.
Can I afford Lancaster?
To live comfortably in Lancaster, Virginia, a minimum annual income of
$51,840 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in Lancaster, VA is lower than the national average. Residents enjoy an overall cost of living index of 85.1, which is 15% lower than the US average. Housing costs are quite affordable in Lancaster, with median home prices significantly lower than the national median. Additionally, groceries, transportation, health care and utilities all cost less in Lancaster than they do in other parts of Virginia or across the country. Overall, residents in Lancaster enjoy a low cost of living without sacrificing access to amenities and comforts that make life enjoyable.