Housing costs in Lincoln?
A typical home costs
$1,197,600, which is 254.2% more expensive than the national average of
$338,100 and 114.9% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lincoln costs
$3,040 per month, which is 112.6% more than the national average of
$1,430 and 29.6% more than the state average of
$2,140.
Can I afford Lincoln?
To live comfortably in Lincoln, Massachusetts, a minimum annual income of
$229,320 for a family, and
$100,400 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in Lincoln, MA is slightly higher than the national average, however it is still considered to be an affordable place to live. Housing prices in Lincoln are typically lower than those in more densely populated cities of a similar size, making it attractive for people looking for a suburban lifestyle. The median home value for the town is around $670,000 and the median household income is $138,000. The town offers access to many amenities such as restaurants, shopping centers, and outdoor activities making it an appealing option for families. Additionally, there are several public transport options available so that residents can easily get around town or commute to Boston or Providence if needed.