Housing costs in Lincoln?
A typical home costs
$157,400, which is 53.4% less expensive than the national average of
$338,100 and 31.0% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$850 per month, which is 12.4% cheaper than the national average of
$970 and 14.1% cheaper than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68508), Nebraska, a minimum annual income of
$30,240 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in Lincoln, NE (zip code 68508) is generally considered to be quite affordable. According to the Cost of Living Index published by BestPlaces, the cost of living in Lincoln is 8% lower than the national average. This makes it a very attractive and budget-friendly destination for those looking to live comfortably on a limited budget. In addition, Nebraska is known for its low overall tax rate, which further contributes to the city's affordable lifestyle. All in all, 68508 is a great place to call home without having to worry too much about finances.