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 | 20% lower |
| Utilities (Monthly) | 3% lower | 15% lower |
| Food | 2% lower | 5% lower |
| Healthcare | 6% higher | 8% higher |
| Transportation | 0% | 0% |
| Goods & Services | 4% higher | 2% lower |
The cost of living in Lincoln, NE is 1% higher than the state average and 8% lower than the national average. Lincoln, NE housing is 20% cheaper than the U.S average, while utilities are about 15% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% less in Lincoln, NE than in the rest of the country, while clothing costs around 2% less .
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 2% cheaper 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 $1,217, while home prices circle around $360,122.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lincoln, energy bills cost around $127.87 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 $2.84 in Lincoln, a dozen eggs go for around $2.45 and a pound of potatoes circles around $2.99.
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 $104.32, while a dentist appointment is priced $107.28 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.54 in Lincoln, while getting your tires balanced will run you about $63.07.
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 $50.74 here. Meanwhile, a pair of women's slacks will set you back around $42.55.
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 $12.29 a month. When it comes to personal services, a haircut usually goes for $27.43, while dry cleaning costs about $16.91.
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 $62,566.