Housing costs in Lincoln?
A typical home costs
$161,800, which is 52.1% less expensive than the national average of
$338,100 and 29.1% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$820 per month, which is 15.5% cheaper than the national average of
$970 and 18.3% cheaper than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68503), Nebraska, a minimum annual income of
$30,960 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 68503 Lincoln, NE is relatively affordable. Housing costs and taxes are generally lower than the national average, with an average home price of $170,000 and a median household income of $62,096 according to BestPlaces. Food prices are also reasonably low, while the unemployment rate is below 4%. Overall, the cost of living in this area of Lincoln is very reasonable and makes it an attractive place to live for those on a budget.