Cost of Living in Lincoln, NE
|Cost of Living in Lincoln, NE||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||8% lower||21% lower|
|Utilities (Monthly)||2% lower||14% lower|
|Food||2% lower||3% lower|
|Healthcare||9% higher||8% higher|
|Transportation||3% higher||2% higher|
|Goods & Services||3% higher||0%|
The cost of living in Lincoln, NE is 1% lower than the state average and 7% lower than the national average. Lincoln, NE housing is 21% cheaper than the U.S average, while utilities are about 14% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0% in Lincoln, NE than in the rest of the country, while clothing costs around 0% .
Healthcare services such as doctor check-ups and dentistry cost 8% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 0% in Lincoln, NE.
Housing (Buy and Rent)
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 $1,116, while home prices circle around $308,662.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lincoln, energy bills cost around $121.74 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 $2.06 in Lincoln, a dozen eggs go for around $1.30 and a pound of potatoes circles around $2.20.
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 $107.24, while a dentist appointment is priced $96.63 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.32 in Lincoln, while getting your tires balanced will run you about $53.83.
Goods & Services
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 $38.07 here. Meanwhile, a pair of women's slacks will set you back around $41.00.
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 $11.67 a month. When it comes to personal services, a haircut usually goes for $24.19, while dry cleaning costs about $15.32.
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 $60,063.