Housing costs in Lincoln?
A typical home costs
$225,200, which is 33.4% less expensive than the national average of
$338,100 and 5.2% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lincoln costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 4.4% cheaper than the state average of
$940.
Can I afford Lincoln?
To live comfortably in Lincoln, Alabama, a minimum annual income of
$43,200 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in Lincoln, AL is generally affordable when compared to other cities in the region. The median home price in Lincoln is $148,000, which is significantly lower than the median home price for Alabama as a whole. Additionally, the cost of groceries and utilities are below average for Alabama. This affordability combined with its natural beauty make Lincoln an attractive option for people looking to live a more laid-back lifestyle without breaking their budget.