Housing costs in Lincoln?
A typical home costs
$343,600, which is 1.6% more expensive than the national average of
$338,100 and 28.2% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lincoln costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 4.2% more than the state average of
$910.
Can I afford Lincoln?
To live comfortably in Lincoln South Dak County, South Dakota, a minimum annual income of
$65,880 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in Lincoln, SD County is below the national average. This makes it an attractive place to live for those who want to enjoy a relatively low-cost lifestyle. The median house value in Lincoln, SD County is $343,600 which is slightly higher than the US average of $338,100; however, when adjusted for the cost of living index in the area, this amount becomes more accessible. The Cost of Living Index (COLI) in Lincoln, SD County is 95.6 compared to the US average which is 100. Therefore, purchasing a home or renting an apartment in Lincoln could be more affordable than other areas across the United States.