Cost of Living in Lancaster, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.1
100 = national avg
+24.1 vs national average
Living Wage (1 Adult)
$54,612
per year
Living Wage (Family of 4)
$129,083
per year
Cost Index by Category
Housing161.2
Food101.7
Transportation103.3
Healthcare101.3
Utilities113.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Lancaster is 124.1, which is 24.1% above the national average. Housing costs are above the national average at an index of 161.2. A single adult needs to earn approximately $54,612 per year to cover basic expenses.