Housing costs in Lancaster?
A typical home costs
$269,400, which is 20.3% less expensive than the national average of
$338,100 and 9.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lancaster costs
$1,560 per month, which is 21.9% more than the national average of
$1,280 and close to the state average of
$1,530.
Can I afford Lancaster?
To live comfortably in Lancaster (zip 75146), Texas, a minimum annual income of
$51,480 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in 75146 Lancaster, TX is relatively affordable. The median home price in the area is just under $160,000, making it comparable to most other cities in the DFW metroplex. Additionally, monthly rental costs are typically much lower than those found in nearby Dallas or Fort Worth. Groceries and basic utilities are also generally cheaper than elsewhere in Texas, helping to keep cost of living down. Despite being a part of the DFW metroplex, 75146 Lancaster has a lower cost of living than many other nearby suburbs.