Cost of Living in Lincoln, NE
| Cost of Living in Lincoln, NE | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 2% lower | 23% lower |
| Utilities (Monthly) | 7% higher | 6% lower |
| Food | 1% lower | 2% lower |
| Healthcare | 6% higher | 3% higher |
| Transportation | 5% higher | 3% lower |
| Goods & Services | 5% higher | 4% higher |
The cost of living in Lincoln, NE is 2% higher than the state average and 6% lower than the national average. Lincoln, NE housing is 23% cheaper than the U.S average, while utilities are about 6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% cheaper in Lincoln, NE than in the rest of the country, while clothing costs around 4% more .
Healthcare services such as doctor check-ups and dentistry cost 3% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% pricier in Lincoln, NE.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Lincoln is $1,335, while home prices circle around $398,052.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lincoln, energy bills cost around $193.96 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.66 in Lincoln, a dozen eggs go for around $4.72 and a pound of potatoes circles around $5.61.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Lincoln, an optometry check-up costs around $139.24, while a dentist appointment is priced $112.88 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.91 in Lincoln, while getting your tires balanced will run you about $65.90.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $42.10 here. Meanwhile, a pair of women's slacks will set you back around $44.58.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Lincoln, you should budget around $14.15 a month. When it comes to personal services, a haircut usually goes for $36.33, while dry cleaning costs about $21.84.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Lincoln, the median household income is $71,867.