Cost of Living in Lancaster, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.5
100 = national avg
-6.5 vs national average
Living Wage (1 Adult)
$41,157
per year
Living Wage (Family of 4)
$97,279
per year
Cost Index by Category
Housing101.9
Food92.0
Transportation83.9
Healthcare93.6
Utilities95.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,194
per month
2 Bedroom
$1,430
per month
The overall cost of living index in Lancaster is 93.5, which is 6.5% below the national average. Housing costs are above the national average at an index of 101.9. A single adult needs to earn approximately $41,157 per year to cover basic expenses.