Georgetown CDP (Lancaster County), PA vs Lincoln Park, PA
There is a significant gap in the cost of living between these two cities. Georgetown CDP (Lancaster County) is 20.1% cheaper than Lincoln Park. With a cost index of 82 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Georgetown CDP (Lancaster County) to Lincoln Park should plan for substantially higher expenses across most categories.
On the housing front, median rent in Georgetown CDP (Lancaster County) is $861/month compared to $1,681/month in Lincoln Park — a 49% difference. Interestingly, home values tell a different story: while Georgetown CDP (Lancaster County) has cheaper rent, Lincoln Park actually has lower median home values ($225,000 vs $274,100).
Median household income in Georgetown CDP (Lancaster County) is $73,846 compared to $100,875 in Lincoln Park (-26.8%). While Lincoln Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Georgetown CDP (Lancaster County) spend roughly 14% of their income on rent, less than the 20% in Lincoln Park.
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