Housing costs in Lancaster?
A typical home costs
$370,100, which is 9.5% more expensive than the national average of
$338,100 and 33.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lancaster costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 37.2% cheaper than the state average of
$1,070.
Can I afford Lancaster?
To live comfortably in Lancaster (zip 38569), Tennessee, a minimum annual income of
$70,920 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in 38569 Lancaster, TN is relatively low compared to other cities in the US. The median home price for this area is $122,400, which is much lower than the national median of $200,000. The cost of groceries is also lower here than most US cities, and there are plenty of restaurants and local stores that offer good deals on items. Utility costs are quite affordable as well, with an average electric bill coming in at around just $90 per month. All in all, it's easy to live comfortably in this area without breaking the bank.