What Are the Everyday Living Costs in Lincoln, NE in 2024?
The average monthly cost of living in Lincoln, NE is $3,340, which is 26% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,202, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,138 per month.
Lincoln, NE is ranked 48th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the cheapest cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,202
Utilities
$430
Transportation
$117
Groceries
$628
Other
$963
Total
$3,340
What Are the Everyday Living Costs in Lincoln, NE in 2024?
The average monthly cost of living in Lincoln, NE for singles is $2,200, which is 26% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $752, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,447 per month.
Lincoln, NE is ranked 45th out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the cheapest cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$752
Utilities
$249
Transportation
$60
Groceries
$294
Other
$845
Total
$2,200
What Are the Everyday Living Costs in Lincoln, NE in 2024?
The average monthly cost of living in Lincoln, NE for couples is $3,294, which is 27% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,201, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,093 per month.
Lincoln, NE is ranked 48th out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the cheapest cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,201
Utilities
$423
Transportation
$120
Groceries
$587
Other
$963
Total
$3,294
What Are the Everyday Living Costs in Lincoln, NE in 2024?
The average monthly cost of living in Lincoln, NE for single parents is $3,259, which is 22% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,201, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,058 per month.
Lincoln, NE is ranked 54th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the cheaper cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,201
Utilities
$414
Transportation
$102
Groceries
$582
Other
$960
Total
$3,259
What Are the Everyday Living Costs in Lincoln, NE in 2024?
The average monthly cost of living in Lincoln, NE for families is $4,607, which is 28% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $1,654, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,953 per month.
Lincoln, NE is ranked 53rd out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the cheaper cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$1,654
Utilities
$634
Transportation
$187
Groceries
$1,049
Other
$1,083
Total
$4,607
What Salary Do You Need to Live Comfortably in Lincoln, NE in 2024?
Overall, on average, a gross annual salary of $53,192 is required for an average quality of life in Lincoln, NE.
Is the Cost of Living High in Lincoln, NE?
Lincoln, NE is ranked 48th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheapest cities in which to live in the U.S. Lincoln, NE's average monthly rent is 43% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Lincoln, NE in 2024?
A gross annual salary of $50,000 in Lincoln, NE will yield an average annual net salary of $43,535. Considering that the total average annual cost of living in Lincoln, NE is $40,078, a gross annual salary of $50,000 will be sufficient to cover average living costs.
How Much Should You Pay for Rent in Lincoln, NE?
The average monthly rent in Lincoln, NE in the city center is $907 for a 1 bedroom apartment, $1,200 for a 2 bedroom apartment and $1,500 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $902 for a 1 bedroom apartment, $1,202 for a 2 bedroom apartment and $1,507 for a 3 bedroom apartment.