The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Lincoln is $34,050 a year — about the same as the annual cost of living for Nebraska of $34,702 and less than the national figure of $38,433.
Is Lincoln Nebraska expensive to live?
Lincoln’s housing expenses are 17% lower than the national average and the utility prices are 28% lower than the national average. Transportation expenses like bus fares and gas prices are 2% higher than the national average. Lincoln has grocery prices that are 4% lower than the national average.
What is the average cost of living in Lincoln Nebraska?
Lincoln cost of living is 89.8
| COST OF LIVING | Lincoln | Nebraska |
|---|---|---|
| Grocery | 97.4 | 94.9 |
| Health | 124.5 | 132.3 |
| Housing | 78.1 | 73.1 |
| Median Home Cost | $238,300 | $205,200 |
How much do you need to live comfortably in Nebraska?
Summary about cost of living in Omaha, NE, United States: Family of four estimated monthly costs are 3,703$ without rent. A single person estimated monthly costs are 1,035$ without rent. Omaha is 25.32% less expensive than New York (without rent).
Is Lincoln NE affordable?
Lincoln’s housing market is affordable for most households, but housing costs are increasing and should be addressed proactively. Despite median incomes keeping pace, many census tracts in Lincoln are cost-burdened. The greatest shortage of units is for households making less than $25,000.
Why are houses so expensive in Lincoln Nebraska?
The lack of supply, strong demand and buyers bidding up properties are all leading to record sale prices month after month. The median price for sales of existing homes in March was up 18% compared with March 2020.
Is it cheap to live in Nebraska?
Living in Nebraska is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 10.5% less than they do on average nationwide. Compared with all other states, Nebraska has the 13th lowest overall cost of living.
Where is cost of living cheapest in us?
Mississippi
Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation. The price of a median, single-family home is $140,818.
What is it like living in Lincoln Nebraska?
Living in Lincoln offers residents a dense suburban feel and most residents own their homes. In Lincoln there are a lot of bars, coffee shops, and parks. Many families and young professionals live in Lincoln and residents tend to lean conservative. The public schools in Lincoln are highly rated.
What is the cost of living in Omaha NE?
Omaha cost of living is 89.8
| COST OF LIVING | Omaha | Nebraska |
|---|---|---|
| Grocery | 96.6 | 94.9 |
| Health | 130.3 | 132.3 |
| Housing | 76.5 | 73.1 |
| Median Home Cost | $239,900 | $205,200 |
What is a good salary in Nebraska?
Average Salary in Nebraska. 9% of jobs $49,090 is the 25th percentile. Salaries below this are outliers. 27% of jobs $73,388 is the 75th percentile.
What is a good wage in Nebraska?
6% of jobs $2,148 is the 25th percentile. Salaries below this are outliers. 10% of jobs $3,347 is the 75th percentile.
What are Top 10 Highest Paying Cities for Hourly Jobs in Nebraska.
| City | North Platte |
|---|---|
| Annual Salary | $33,935 |
| Monthly Pay | $2,828 |
| Weekly Pay | $653 |
| Hourly Wage | $16.32 |
Is it cheaper to live in Omaha or Lincoln?
Lincoln is 0.0% more expensive than Omaha. Lincoln housing costs are 2.1% more expensive than Omaha housing costs. Health related expenses are 4.5% less in Lincoln.
How is the real estate market in Nebraska?
Whereas the median home value in the United States increased 5.1% over the last year (August 2019 to September 2020), the median home value in Nebraska is the beneficiary of a 4.4% jump.
What is the cheapest town in Nebraska to live?
“If you’re looking for the absolute cheapest place to live in Nebraska, look no further than Schuyler, a city an hour north of Lincoln.
Is Nebraska cheaper than Colorado?
Think Carefully… The cost of living in Denver, CO is 15.9% higher than in Omaha, NE.
What is the best city to live in Nebraska?
1. Papillion. Coming straight in as the best place to live in Nebraska is Papillion, home to just under 20,000 people, this city in Sarpy County is a suburb of Omaha. Although being an inner-city area, there are green spaces aplenty around Papillion; namely Walnut Creek Lake, Tara Hills Golf Course and Halleck Park.
Where can I live for $500 a month in the US?
Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:
- Greenville, OH. Listing: Wayne Crossing.
- Wichita, KS. Listing: Eagle Creek.
- Lawton, OK. Listing: Sheridan Square Apartments.
- Amarillo, TX.
- Indianapolis, IN.
- Searcy, AR.
- Shreveport, LA.
- Jackson, MS.
Where is the nicest but cheapest place to live?
The Best Affordable Places to Live in the U.S. include:
- Hickory, North Carolina.
- Green Bay, Wisconsin.
- Huntsville, Alabama.
- Davenport-Bettendorf, Iowa, and Moline-Rock Island, Illinois (Quad Cities).
- Fort Wayne, Indiana.
- Pittsburgh, Pennsylvania.
- Beaumont, Texas.
- Fayetteville, Arkansas.
What is the cheapest and safest state to live in?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
Why do people move to Lincoln Nebraska?
With a very low unemployment rate and the lowest median monthly cost for rent, it’s a great place to live and work. Salaries are above the national average, and the price of everyday items is lower than the national average. Lincoln is also part of the “silicon prairie” because many tech startups call Lincoln home.
