Lancaster, TX Cost Of Living
Cost Of Living In Lancaster, TX Summary
Cost of living in Lancaster research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lancaster is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lancaster is 102, with 100 being the average.
The cost of living index in Lancaster is 1.0x higher than the national average.
Lancaster ranks as the #256 cheapest in Texas out of 414.
Lancaster ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Lancaster is $270,403.
The median income in Lancaster is $67,584.
Table Of Contents
Lancaster's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lancaster, TX?
According to the most recent data on the cost of living, Lancaster has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Texas, Lancaster has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Lancaster ranks as #256 most affordable out of the 414 places we measured in Texas. By definition, that implies Lancaster ranks as the #158 most expensive place in the Lone Star State.
For more reading on life in Lancaster, check out:
In Texas
In America
Lancaster Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lancaster. Here is how it fairs on each of the criteria:
The Services index in Lancaster is 106.
The Groceries index in Lancaster is 100.
The Health index in Lancaster is 108.
The Housing index in Lancaster is 94.
The Transportation index in Lancaster is 90.
The Utilities index in Lancaster is 109.
| Living Expense | Lancaster | Texas | National Average | |
|---|---|---|---|---|
| Overall | 102 | 92 | 100 | |
| Services | 106 | 97 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 108 | 93 | 100 | |
| Housing | 94 | 82 | 100 | |
| Transportation | 90 | 94 | 100 | |
| Utilities | 109 | 104 | 100 | |
Lancaster, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Lancaster is $270,403.
The Median Rent in Lancaster is $1,627.
The Median Income in Lancaster is $67,584.
The Home Value To Income in Lancaster is 4.0x.
The Rent To Monthly Income in Lancaster is 0.29x.
Median Home Value
Median Rent
Median Income
Lancaster, TX Costs By Category
Detailed Lancaster Services Costs Vs. Texas
Detailed Lancaster Groceries Costs Vs. Texas
Detailed Lancaster Health Costs Vs. Texas
Detailed Lancaster Transportation Costs Vs. Texas
Detailed Lancaster Utilities Costs Vs. Texas
Lancaster SnackAbility
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Cost Of Living In Cities Around Lancaster
The cost of living varies in the cities and towns around Lancaster. Here's a quick look at the cost of living in the most populous nearby places:
Dallas, TX has a cost of living index of 106, 1.0x Lancaster.
Grand Prairie, TX has a cost of living index of 106, 1.0x Lancaster.
DeSoto, TX has a cost of living index of 105, 1.0x Lancaster.
| City | Population | Cost Of Living | Vs. Lancaster |
|---|---|---|---|
| Dallas, TX | 1,299,553 | 106 | 1.0x |
| Grand Prairie, TX | 198,564 | 106 | 1.0x |
| DeSoto, TX | 55,896 | 105 | 1.0x |
| Cedar Hill, TX | 48,547 | 107 | 1.0x |
| Waxahachie, TX | 43,591 | 108 | 1.1x |
| Duncanville, TX | 39,879 | 101 | 1.0x |
| Midlothian, TX | 37,256 | 114 | 1.1x |
| University Park, TX | 25,104 | 248 | 2.4x |
| Seagoville, TX | 18,968 | 99 | 1.0x |
| Glenn Heights, TX | 17,175 | 105 | 1.0x |
