Housing costs in Lincoln?
A typical home costs
$224,100, which is 33.7% less expensive than the national average of
$338,100 and 4.7% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lincoln costs
$930 per month, which is 1.1% cheaper than the national average of
$940 and 19.4% more than the state average of
$750.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 35096), Alabama, a minimum annual income of
$42,840 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 35096 Lincoln, AL is relatively low compared to the rest of the state. According to Best Places, the overall cost of living index in 35096 Lincoln, AL is 83.7, which is lower than both the state average (89.1) and the national average (100). Additionally, median housing costs are $894 per month and groceries are about 14% lower than the national average. Furthermore, utilities are 6% lower than the national average and transportation costs are 8% lower than the national average. These figures indicate that living in 35096 Lincoln, AL can be quite affordable.