Median Income
$58,750
household / year
Median Home Value
$112,500
owner-occupied
Median Rent
$706
gross / month
Cost of Living
91
national avg = 100

Is Lancaster, MN a Good Place to Live?

Lancaster is a small town of 353 in Minnesota, with a median household income of $58,750 and a 1.2% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Lancaster stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Lancaster is right for you depends on your priorities — the full breakdown is below.

All Lancaster city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.3

Lancaster's overall cost of living index is 91.3, where 100 represents the US national average. Living in Lancaster costs roughly 9% less than the average American city.

Metric Lancaster, MN National Avg
Median Home Value $112,500 $244,900
Median Monthly Rent $706 $1,163
Homeownership Rate 71.0% 65.9%
Median Household Income $58,750 $74,755

Crime & Safety

Very Safe

Lancaster's violent crime rate is 46.5 per 100,000 residents — 88% lower than the national average of ~380 per 100,000.

Violent Crime
46.5 /100k
Property Crime
232.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Lancaster is served primarily by LANCASTER PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 11.9:1 (better than the national average of ~16:1).

Metric Lancaster, MN National Avg
School District LANCASTER PUBLIC SCHOOL DISTRICT —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 11.9:1 16:1
Bachelor's Degree or Higher 22.8% 35.4%
High School Diploma or Higher 96.3% 91.1%

Weather & Climate

Lancaster sees average highs of 13.1°F in January and 79.4°F in July, with 22.3 inches of annual precipitation and 43.6 inches of snow per year.

MetricLancaster, MN
Average High — January13.1°F
Average High — July79.4°F
Annual Precipitation22.3"
Annual Snowfall43.6"

Demographics

MetricLancaster, MNNational Avg
Population353—
Median Age42.538.9
Unemployment Rate1.2%3.7%
Avg Commute Time21.2 min26 min
White (non-Hispanic)94.9%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.6%18.9%
Asian1.7%6.3%
Under 1826.6%22.2%
65 and over19.3%16.8%

Nearby Cities

ZIP Codes in Lancaster

Lancaster, MN is covered by 1 ZIP code:

Lancaster vs Other Cities

Frequently Asked Questions

Lancaster's cost of living index is 91, where 100 is the national average. That makes Lancaster roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $112,500 and median rent is $706/month.
Lancaster's violent crime rate is 46.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 232.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lancaster are operated by LANCASTER PUBLIC SCHOOL DISTRICT. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 11.9:1. 22.8% of adults 25+ hold a bachelor's degree or higher.
Lancaster, MN has a population of 353, a median household income of $58,750, and an unemployment rate of 1.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lancaster averages 13.1°F in January and 79.4°F in July. Annual rainfall is 22.3 inches with about 43.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lancaster, MN is covered by 1 ZIP code: 56735.
The population of Lancaster, Minnesota is 353 with a median age of 42.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lancaster: cost of living index 91 (100 = US average), median home $112,500, median household income $58,750, crime index 12 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Lancaster side by side with your current city to see the trade-offs.