Lincoln, IA Cost of Living


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United States / Iowa / No Metro Area / Tama County / Lincoln / Zip Codes

Lincoln cost of living score
75.8
Less expensive
24.2% lower
than the US average
5.4% lower
than the Iowa average
Lincoln, Iowa gets a BestPlaces Cost of Living score of 75.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.2% lower than the U.S. average and 5.4% higher than the average for Iowa.

Lincoln, IA

Housing costs in Lincoln?
A typical home costs $91,600, which is 72.9% less expensive than the national average of $338,100 and 53.0% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Lincoln costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 27.4% cheaper than the state average of $930.

Can I afford Lincoln?
To live comfortably in Lincoln, Iowa, a minimum annual income of $17,640 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Lincoln?
The cost of living in Lincoln, IA is very reasonable and affordable. The median home price in Lincoln is around $134,300, which is significantly lower than the national median price. Additionally, the city's housing costs are 11% lower than the national average, making it even more affordable. Transportation costs in Lincoln are also low, with gas prices averaging around $2 per gallon and public transportation fares being cheaper than most cities. Groceries and other everyday living expenses in Lincoln are also relatively low, making it an ideal place to live for those looking for a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesLincolnIowaUnited States
  75.880.1100.0
  90.994.4100
  109.8108.2100.0
  18.255.4100.0
  $91,600$194,900$338,100
  102.8%98.5%100.0%
  73.571.4100.0
  85.796.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Lincoln, IA cost of living
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