Housing costs in Lincoln?
A typical home costs
$253,600, which is 25.0% less expensive than the national average of
$338,100 and 11.2% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$1,110 per month, which is 14.4% more than the national average of
$970 and 12.6% more than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68522), Nebraska, a minimum annual income of
$48,600 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Lincoln?
Living in 68522 Lincoln, NE can be relatively affordable. According to BestPlaces's cost of living index, it costs an average of $1,100 per month for a single person to live comfortably in the city. This includes rent, groceries, transportation and entertainment expenses. Additionally, taxes are relatively low compared to other areas of the country. Sales tax is only 5.5%, and property taxes are some of the lowest in the region at 0.63%. All of these factors make 68522 Lincoln a great place to live on a budget.