Cost of Living in Lancaster, NY

Population 10,127 · New York · Data vintage 2023

62
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Lancaster stay well under national norms: a median home value of $186,000 against median household incomes of $63,902 gives the city one of the more comfortable price-to-income ratios in New York. The labor market has been unusually tight, with unemployment around 1.1% — below most comparable cities in the state.

Located 10 miles east of Buffalo, Lancaster falls within that metro's commuting orbit. Median home values run roughly 22% higher than Buffalo's $152,000.

Cost Overview

Housing 61
Rent 64

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lancaster

The median home value in Lancaster is $186,300 — 39% below the national median of $305,000. Median rent runs $839/month, 36% lower than the national median of $1,314/month. The median household income of $63,902/year is 14% lower than the US median of $74,580. The local unemployment rate is 1.1%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 56.8°F and lows of 40.9°F, with about 95.4" of annual snowfall. Overall, Lancaster has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.

🏠 Housing

Median Home Value
$186,300
39% below avg
Median Rent
$839/mo
36% below avg
Price-to-Rent Ratio
18.5x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 73.5%
Renter-occupied 26.5%

💰 Estimated Monthly Budget

Rent median rent
$839
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,453/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.5 min
28% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.7%

Commute Mode

Drove alone
83.0%
Carpooled
7.7%
Walked
2.5%
Work from home
6.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$63,902
14% below avg
Per Capita Income
$40,844
Unemployment Rate
1.1%
77% below avg
Poverty Rate
5.1%
Labor Force Participation
71.3%

🎓 Education

Bachelor's degree+ 14.4%
Graduate degree 10.8%

👥 Demographics

Median Age 47.5
Male median age 42.9
Female median age 49.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.8°F
Avg Low
40.9°F
Annual Precip
40.7"
Annual Snowfall
95.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323342556776807972604837
Low °F 192026374858636255443426
Precip" 3.352.492.893.373.373.373.233.234.104.033.503.75
Snow" 26.718.114.12.50.00.00.00.00.00.97.825.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
54.2%
Good air days/yr
176
Max AQI recorded
275
PM2.5 days
86
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
12.8:1
Student-teacher ratio
7
Public schools
5,721
Total enrollment

Frequently Asked Questions

What is the cost of living in Lancaster, NY?

Lancaster has a cost index of 62 (100 = national average). It is 38% below the national average.

What is average rent in Lancaster, NY?

The median gross rent in Lancaster is $839 per month based on 2023 Census data.

What is the average home price in Lancaster?

The median home value in Lancaster is $186,300 according to 2023 Census ACS data.

What is the median income in Lancaster?

The median household income in Lancaster is $63,902 per year (2023 ACS 5-year estimates).

What is the sales tax in Lancaster, NY?

The combined state and local sales tax rate in Lancaster is 8.5%. The New York state income tax top rate is 10.9%.

Is Lancaster, NY affordable?

Yes, Lancaster is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.

What is the weather like in Lancaster?

Lancaster has average high temperatures of 56.8°F and average lows of 40.9°F. Annual precipitation is 40.7". Average annual snowfall is 95.4". Data from NOAA 1991–2020 Climate Normals.

Lancaster at a Glance

Population
10,127
Median Income
$63,902
Home Value
$186,300
Median Rent
$839/mo
Unemployment
1.1%
Avg High Temp
56.8°F
Sales Tax
8.5%
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