Housing costs in Lincoln?
A typical home costs
$223,000, which is 34.0% less expensive than the national average of
$338,100 and 2.2% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$860 per month, which is 11.3% cheaper than the national average of
$970 and 12.8% cheaper than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68510), Nebraska, a minimum annual income of
$42,840 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 68510 Lincoln, NE is fairly inexpensive compared to the national average. The cost of living index for 68510 Lincoln, NE is only 88.6, which is 12.4% lower than the U.S. average index score of 100. Housing expenses account for a large portion of this score as prices are 5.4% lower than the national average for rent and 1.5% lower than the national average for homeowner costs, making it an affordable place to live overall. Prices on goods and services are mostly in line with the U.S. average, with only groceries being slightly more expensive at 3%. Additionally, utility bills are notably cheaper, coming in 8% below the national average overall.