Housing costs in Lincoln?
A typical home costs
$269,400, which is 20.3% less expensive than the national average of
$338,100 and 18.1% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln Nebra Metro Area, Nebraska, a minimum annual income of
$51,480 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in the Lincoln, NE Metro Area is quite low compared to the national average. It is almost 8% lower than the US average Cost of Living which is 100. This means that people living in this area can purchase goods and services more cheaply than those in other areas of the country. In addition, the median house value in Lincoln, NE Metro Area is $269400, which is significantly lower than the US average of $338100. This makes it easier for locals to buy real estate and enjoy a comfortable lifestyle without having to pay high prices.