Lancaster, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 96, with 100 being the average.

  • The cost of living index in Lancaster is 1.0x lower than the national average.

  • Lancaster ranks as the #281 cheapest in Texas out of 405.

  • Lancaster ranks as the #2,601 cheapest out of 6,412 in the US.

  • The median home value in Lancaster is $161,600.

  • The median income in Lancaster is $59,952.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
96
Lancaster's Overall Cost Of Living
1.0x
Lower 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 96, which is 1.0x lower than the national index of 100.

Compared to Texas, Lancaster has a cost of living index that's 1.0x higher than Texas's index of 92.

The standard of living in Lancaster ranks as #281 most affordable out of the 405 places we measured in Texas. By definition, that implies Lancaster ranks as the #124 most expensive place in the Lone Star State.

For more reading on life in Lancaster, check out:

281 out of 405
In Texas
2,601 out of 6,412
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 107.

  • The Groceries index in Lancaster is 98.

  • The Health index in Lancaster is 115.

  • The Housing index in Lancaster is 71.

  • The Transportation index in Lancaster is 94.

  • The Utilities index in Lancaster is 110.

Living Expense Lancaster Texas National Average
Overall 96 92 100
Services 107 96 100
Groceries 98 93 100
Health 115 93 100
Housing 71 84 100
Transportation 94 92 100
Utilities 110 104 100
For more reading on cost of living around Texas, check out:
Lancaster Cost of Living Vs. TX

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 2017-2021. The key points are:

  • The Median Home Value in Lancaster is $161,600.

  • The Median Rent in Lancaster is $1,258.

  • The Median Income in Lancaster is $59,952.

  • The Home Value To Income in Lancaster is 2.7x.

  • The Rent To Monthly Income in Lancaster is 0.25x.

Statistic Lancaster Texas United States
Median Home Value $161,600 $202,600 $244,900
Median Rent $1,258 $1,146 $1,163
Median Income $59,952 $67,321 $69,021
Home Value To Income 2.7x 3.0x 3.5x
Rent To Monthly Income 0.25x 0.2x 0.2x
Search Homes For Sale In Lancaster, TX
$161,600
Median Home Value
$1,258
Median Rent
$59,952
Median Income

Lancaster, TX Costs By Category

Detailed Lancaster Services Costs Vs. Texas

Item Lancaster Texas
Shampoo $1.03 $1.06
Movie $11.18 $10.68
Bowling $21.14 $14.67
Haircut $27.33 $18.62
Beauty Salon $44.45 $39.05

Detailed Lancaster Groceries Costs Vs. Texas

Item Lancaster Texas
Ground Beef $4.42 $4.22
Fried Chicken $1.48 $1.39
Milk $1.97 $2.05
Potatoes $3.62 $3.29
Pizza $9.44 $10.62
Beer $10.12 $9.38
Toothpaste $2.57 $2.34

Detailed Lancaster Health Costs Vs. Texas

Item Lancaster Texas
Optometrist $97.86 $108.57
Doctor $121.08 $116.17
Dentist $133.84 $99.13

Detailed Lancaster Transportation Costs Vs. Texas

Item Lancaster Texas
Gasoline $1.92 $2.22
Tire Balancing $53.65 $50.07

Detailed Lancaster Utilities Costs Vs. Texas

Item Lancaster Texas
All Electricity $188.78 $167.67
Phone $185.48 $175.64

Lancaster SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
6
Diversity
8.5
Safety
4
Amenities
8.5
Education
7
Commute
5

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 96, 1.0x Lancaster.

  • Grand Prairie, TX has a cost of living index of 99, 1.0x Lancaster.

  • DeSoto, TX has a cost of living index of 100, 1.0x Lancaster.

City Population Cost Of Living Vs. Lancaster
Dallas, TX 1,300,239 96 1.0x
Grand Prairie, TX 195,992 99 1.0x
DeSoto, TX 55,761 100 1.0x
Cedar Hill, TX 48,968 103 1.1x
Duncanville, TX 40,575 97 1.0x
Waxahachie, TX 39,815 98 1.0x
Midlothian, TX 33,914 102 1.1x
University Park, TX 25,029 214 2.2x
Seagoville, TX 18,263 93 1.0x
Glenn Heights, TX 15,741 102 1.1x

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