Housing costs in Lincoln?
A typical home costs
$218,800, which is 35.3% less expensive than the national average of
$338,100 and 4.1% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$810 per month, which is 16.5% cheaper than the national average of
$970 and 19.8% cheaper than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68502), Nebraska, a minimum annual income of
$41,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 68502 Lincoln, NE is quite affordable. The median home value is $141,000 and the median rent is only $722. Utility costs are also low with electricity averaging around $90/month and natural gas at an average of $20/month. Groceries are fairly priced and there are plenty of restaurants to dine out at with affordable prices. Overall, the cost of living in 68502 Lincoln, NE is very reasonable and can accommodate most budgets.