Housing costs in Lincoln City?
A typical home costs
$474,700, which is 40.4% more expensive than the national average of
$338,100 and 1.3% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Lincoln City costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,520.
Can I afford Lincoln City?
To live comfortably in Lincoln City, Oregon, a minimum annual income of
$91,080 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Lincoln City?
The cost of living in Lincoln City, OR is relatively affordable. The housing market is competitive but prices are still reasonable compared to many other areas. Renting a one-bedroom apartment costs around $850 and a three-bedroom house averages about $1,400 per month. Grocery costs are also relatively low, with the average grocery bill for a family of four costing around $450 monthly. Utilities such as electricity and water are also quite reasonable, averaging approximately $150 per month. In comparison to other coastal cities in Oregon, Lincoln City offers a great balance of affordability and convenience for those looking to relocate or live in the area.