Housing costs in Lincoln City?
A typical home costs
$477,100, which is 41.1% more expensive than the national average of
$338,100 and 1.9% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Lincoln City costs
$1,420 per month, which is 6.6% cheaper than the national average of
$1,520 and 18.3% more than the state average of
$1,160.
Can I afford Lincoln City?
To live comfortably in Lincoln City (zip 97367), Oregon, a minimum annual income of
$91,440 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Lincoln City?
The cost of living in 97367 Lincoln City, OR is generally considered to be quite affordable. The median household income is around $51,000, which is slightly below the national average. The median home value is also relatively low at around $255,000, which makes owning a home affordable for many families in the area. Additionally, basic needs such as groceries and fuel are reasonably priced compared to other parts of the country. All in all, 97367 Lincoln City offers an attractive mix of affordability and amenities that make it an ideal place to live for those seeking a comfortable lifestyle at an accessible price point.