Housing costs in Lancaster?
A typical home costs
$245,000, which is 27.5% less expensive than the national average of
$338,100 and 5.7% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Lancaster costs
$870 per month, which is 21.6% cheaper than the national average of
$1,110 and 43.7% cheaper than the state average of
$1,250.
Can I afford Lancaster?
To live comfortably in Lancaster (zip 29720), South Carolina, a minimum annual income of
$46,800 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in 29720 Lancaster, SC is relatively low compared to other areas. The median income is around $31,000 per year and the median home price is about $139,000. Utility costs are also low and average around $118 per month for electricity, water, gas and garbage. Transportation costs also tend to be lower than the national average with gas prices often being below the national average. Overall, Lancaster provides a great quality of life at an affordable cost of living making it a great place to call home.