Housing costs in Lincoln?
A typical home costs
$562,000, which is 66.2% more expensive than the national average of
$338,100 and 146.4% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$1,090 per month, which is 12.4% more than the national average of
$970 and 11.0% more than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68531), Nebraska, a minimum annual income of
$107,640 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in Lincoln, NE 68531 is relatively inexpensive. The median home price in the area is around $160,000, which is much lower than the national average. Renting a one-bedroom apartment typically costs around $900 per month. Utility bills are also quite reasonable at an average of just over $200 monthly. Grocery and dining out expenses are typical for a midsize city with food prices about 10% below the national average. Overall, the cost of living in Lincoln, NE 68531 is quite manageable for both individuals and families alike.