Housing costs in Lincoln?
A typical home costs
$259,500, which is 23.2% less expensive than the national average of
$338,100 and 7.8% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Lincoln costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Lincoln?
To live comfortably in Lincoln, North Dakota, a minimum annual income of
$49,680 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in Lincoln, ND is very reasonable compared to other cities. Rent prices are relatively affordable with a one-bedroom apartment averaging between $400 and $900 per month. Food costs are also quite reasonable, with the average grocery bill for a family of four costing around $500 a month. In terms of transportation, most people rely on their own vehicles as public transportation options are limited. Gasoline prices in Lincoln are typically around the national average and motorists can expect to pay between $2 and $4 per gallon. Overall, the cost of living in Lincoln is highly affordable, making it an ideal place to live for individuals and families looking for an affordable and safe place to reside.