Cost of Living in Lancaster, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.3
100 = national avg
-12.7 vs national average
Living Wage (1 Adult)
$38,420
per year
Living Wage (Family of 4)
$90,812
per year
Cost Index by Category
Housing95.7
Food83.0
Transportation92.7
Healthcare86.4
Utilities89.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$922
per month
2 Bedroom
$1,011
per month
The overall cost of living index in Lancaster is 87.3, which is 12.7% below the national average. Housing costs are below the national average at an index of 95.7. A single adult needs to earn approximately $38,420 per year to cover basic expenses.