Skyline of Lincoln
Cost of Living: 92.5 292,657

Lincoln, NE, US

Capital city with the lowest unemployment in America, college town energy, and affordability.

Updated July 6, 2026
Cost of Living 92.5

Below Average vs US avg (100)

Housing Index 85.2

Affordable

Median Income $58,000

Household income

Unemployment 2.1%

Job market health

Lincoln vs US Average

Cost of Living
Lincoln: 92.5
US Avg: 100
Housing Index
Lincoln: 85.2
US Avg: 100
State Income Tax
Lincoln: 6.64%
US Avg: ~5%

Taxes

  • State Income Tax: 6.6%
  • Sales Tax: 7.0%

Economy & Jobs

  • Median Income: $58,000
  • Unemployment: 2.1%
  • Population: 292,657

Climate

  • Sunny Days: 214/year
  • Summer High: 89°F
  • Winter Low: 13°F

Housing

  • Median Home: $245,000
  • 1BR Rent: $1000/mo

Cost of Living

Lincoln's cost of living index is 92.5 (US average = 100).

CategoryLincolnNational AverageDifference
Overall92.5100-7.5%
Housing85.2100-14.8%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$245,000
Median Rent (1BR)$1000/mo
Median Rent (2BR)$1,250/mo
Price per Sq Ft$163

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Lincoln:

UtilityEstimated Monthly CostNotes
Electricity$90Based on ~900 kWh/month typical US household usage
Heating (Gas/Oil)$326Estimated based on local climate. Gas or electric
Water$45Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$25Private service
Total Utilities$546Monthly estimate (including heating)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Lincoln

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,200/mo.

Lincoln Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,100/mo.

East Lincoln

Up-and-coming neighborhood with new developments and young professionals. Average rent: $900/mo.

West Lincoln

Family-friendly area with parks and good schools. Average rent: $950/mo.

Remote Work Score

Lincoln scores 123/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 214 year (Good)
  • Quality of Life: Good

Climate

Lincoln has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January33°F13°F2.5"
April74°F28°F2.8"
July89°F64°F1.5"
October69°F31°F2.2"

Taxes

  • State Income Tax: 6.64%
  • Sales Tax: 7%
  • Property Tax: ~1.73% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.1%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Lincoln, NE, US?

The cost of living index in Lincoln is 92.5, which is Lower the US national average of 100.

How much does it cost to buy a home in Lincoln?

The median home price in Lincoln is $245,000. The housing index is 85.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Lincoln is approximately $1000/mo.

Does Lincoln, NE have income tax?

Lincoln is in NE, which has an income tax rate of 6.64%.

What is the climate like in Lincoln?

Lincoln enjoys approximately 214 sunny days per year. Summer highs reach around <no value>°F,89°F, while winter lows can drop to around <no value>°F.13°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.