Cost of Living in Lancaster, PA
Population: 57,683 • 2026 Data
$63,421
Median Household Income
-18% vs national
$1,177
Median Monthly Rent
-13% vs national
$203,700
Median Home Value
-40% vs national
7.9%
Unemployment Rate
Housing in Lancaster
The median home value in Lancaster, PA is $203,700. Monthly rent for a typical unit averages $1,177, while total monthly housing costs (including utilities and insurance) average $1,185.
Rent-to-income ratio: 22.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lancaster, PA is $63,421. The unemployment rate stands at 7.9%, with a labor force of 31,479 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.