Lancaster, TN with a population of 38569 is an affordable city located in the state of Tennessee. The average 2 bedroom rent in Lancaster is $780, which is significantly lower than the US average of $1,430. The grocery cost index for Lancaster is 91 versus 100 in the US, making the cost of groceries much more affordable as well. Popular local companies include Amazon Fulfillment Centers and Aramark Corporation. All in all, Lancaster boasts a low cost of living that makes it an attractive place to live or visit.