Cost of Living: Lancaster, SC vs Troy, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lancaster | Troy |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $207,000 | $184,000 |
| Average Rent (2 BR Apartment) | $1410 | $1200 |
| Average Rent (2 BR House) | $1480 | $1280 |
Housing Comparison: Lancaster vs Troy
- In Lancaster, the median home price is higher at $207,000, while in Troy it is $184,000.
- Renting a two-bedroom apartment costs more in Lancaster at $1,410 than in Troy at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lancaster | Troy |
|---|---|---|
| Electricity Price | $14.18 | $17.68 |
| Natural Gas Price | $23.51 | $17.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lancaster vs Troy
- Troy has higher electricity costs at $17.68 per kWh, versus $14.18 in Lancaster.
- Natural gas is more expensive in Lancaster at $23.51 per unit, while it is cheaper at $17.61 in Troy.
- Utility expenses are equal in both Lancaster and Troy averaging $250.