Housing costs in Lancaster?
A typical home costs
$266,700, which is 21.1% less expensive than the national average of
$338,100 and 9.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Lancaster costs
$1,280 per month, which is 5.8% more than the national average of
$1,210 and close to the state average of
$1,290.
Can I afford Lancaster?
To live comfortably in Lancaster (zip 17602), Pennsylvania, a minimum annual income of
$51,120 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in 17602 Lancaster, PA is quite affordable. According to BestPlaces’s Cost of Living Index, the city has an overall cost of living index that is lower than the national average, indicating that goods and services are typically more affordable. The housing prices are particularly low in comparison to other cities, making it a great option for those looking for a place to live at an affordable price. Additionally, groceries and transportation costs are also comparatively lower than other cities. All these factors make 17602 Lancaster an ideal location for those seeking a comfortable and affordable lifestyle.