Housing costs in Lincoln?
A typical home costs
$192,900, which is 42.9% less expensive than the national average of
$338,100 and 15.4% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$930 per month, which is 4.1% cheaper than the national average of
$970 and 4.3% cheaper than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68504), Nebraska, a minimum annual income of
$37,080 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Lincoln?
Lincoln, NE is a great place to live with a moderate cost of living. According to the BestPlaces Cost of Living Index, a single person can expect to pay an average of $833 per month for necessary expenses such as rent, food, and transportation. Groceries tend to be slightly on the cheaper side compared to other cities, and utilities are also relatively low-cost. When it comes to entertainment, there are plenty of free activities and parks located around the city that offer plenty of opportunities for family fun without breaking the bank. With its moderate cost of living and abundance of opportunities, Lincoln is an ideal location for individuals or families looking for a budget-friendly home.