Housing costs in Lincoln?
A typical home costs
$466,400, which is 37.9% more expensive than the national average of
$338,100 and 104.5% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$940 per month, which is 3.1% cheaper than the national average of
$970 and 3.2% cheaper than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68517), Nebraska, a minimum annual income of
$89,280 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 68517 Lincoln, NE is relatively affordable compared to many other areas around the country. The median home value for the area is just under $170,000 which is lower than the national average. Groceries and other necessities are also fairly inexpensive, and there are plenty of shopping and dining options available throughout the city. Utility prices are typically quite reasonable as well, making it an ideal place for those looking to save money on their living expenses. Overall, Lincoln provides a great quality of life at an affordable price.