Cost of Living in Lancaster, PA

How far does a $70,000 salary go in Lancaster? Estimated income taxes on that gross salary total approximately $9,390 per year — combining federal taxes with Pennsylvania's state income tax. Subtract rent for a 2-bedroom apartment ($1,526/month based on HUD Fair Market Rents for the Lancaster metro area) and the estimated annual take-home is $42,298, or roughly $3,525 per month for everything else: food, transportation, savings, and discretionary spending.

The Lancaster metro has a cost of living index of 85.0 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 15% below the national average, Lancaster is a genuinely affordable metro where everyday expenses stretch further than in most cities.

At a $70,000 salary, the estimated 2-bedroom rent in Lancaster represents approximately 26% of gross income. That approaches the 30% threshold commonly used to define affordability. A smaller unit or a higher salary would improve the picture.