Housing costs in Lincoln?
A typical home costs
$496,400, which is 46.8% more expensive than the national average of
$338,100 and 117.6% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Lincoln costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 18.5% more than the state average of
$970.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 68532), Nebraska, a minimum annual income of
$95,040 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Lincoln?
The cost of living in 68532 Lincoln, NE is fairly affordable compared to other cities in the United States. According to cost of living data published by the Council for Community and Economic Research (C2ER), the overall cost of living index for Lincoln is 93.3, which is 7.7 percent below the national average of 100. This places Lincoln as one of the most affordable cities in the country, making it a great place to live and work for individuals and families on a budget. The median household income in 68532 Lincoln stands at $54,812 while the median home value rests at $182,500 which are both slightly lower than the national averages. Overall, Lincoln has good economic prospects with low costs that make it an attractive destination for anyone looking for a tight-knit economy with lots of opportunities available.