Cost of Living: Lancaster, TX vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Lancaster, TX versus $4,116/mo in New York, NY. In the model, rent is about 23.71% of gross in Lancaster, TX versus 25.92% in New York, NY, so Lancaster, TX tends to feel more affordable for rent.

Take-home in Lancaster, TX
$4,516/mo
Income level: near
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Lancaster, TX
23.71%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Lancaster, TX and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Lancaster, TX
  • Lower rent (median 1BR/2BR): Lancaster, TX
  • Lower home prices: Lancaster, TX
  • Higher median household income: New York, NY

Cost of Living Index

Lancaster, TX: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Lancaster, TX has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Lancaster, TX: $1,546/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $144/mo higher than in Lancaster, TX.

Median Home Price

Lancaster, TX: $229,900 · New York, NY: $751,700

Median home price in New York, NY is $521,800 higher than in Lancaster, TX.

Median Household Income

Lancaster, TX: $67,584 · New York, NY: $79,713

New York, NY has a higher median household income than Lancaster, TX by $12,129.

Lancaster, TX overview · New York, NY overview · Popular comparisons