Lincoln

Lincoln, Nebraska is a mid-size city with a population of approximately 294,757. The overall cost of living index sits at 94, which is below the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 6% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Lincoln. Median rent is $1,293 per month, while the median home price is $285,359. At a median household income of $69,991, rent consumes roughly 22% of gross income, which remains manageable relative to local incomes. The housing sub-index of 84 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Lincoln with a sub-index of 96, while utilities is comparatively more affordable at 86. State-level taxes also shape the true cost of living: Nebraska applies a 6.64% income tax rate, and property tax averages 1.54% of assessed home value. The combined sales tax rate is 6.94%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Lincoln has remained relatively stable. Among the 2 tracked cities in Nebraska, Lincoln ranks #1 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Lincoln actually costs.