Housing costs in Lincoln?
A typical home costs
$482,500, which is 42.7% more expensive than the national average of
$338,100 and 111.5% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$1,210 per month, which is 24.7% more than the national average of
$970 and 19.8% more than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68523), Nebraska, a minimum annual income of
$92,520 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Lincoln?
Living in 68523 Lincoln, NE is quite affordable. The cost of living index is 89.7 which is 11.3% lower than the United States average. Housing expenses make up the largest part of the living costs and are 13.8% lower than the national average making it a great place to find value for your money. The median home price is $221,000 but rentals can be found for much less so you'll have options when deciding on a place to live. Other expenses like groceries and transportation are comparable with the national average, so while there may not be too much variety available in terms of stores or restaurants, you won't pay any more than other places for these items.