Housing costs in Lincoln?
A typical home costs
$247,100, which is 26.9% less expensive than the national average of
$338,100 and 8.3% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$1,060 per month, which is 9.3% more than the national average of
$970 and 8.5% more than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68506), Nebraska, a minimum annual income of
$47,520 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 68506 Lincoln, NE is relatively affordable compared to other parts of the country. According to BestPlaces, in comparison to the United States average, overall costs are around 8% lower. Housing expenses represent the largest part of one's budget and are 13% lower than the U.S. average. Utilities come in at which 19% lower than average and transportation expenses are 20%. Groceries also come in with a 14% discount when compared with the national average. Overall, 68506 Lincoln, NE offers a great quality of life for an affordable price.