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Cost of Living – Price Parity

Cost of Living in Lincoln is lower than the U.S. overall average

In Lincoln, low housing costs and low utility costs are significant components of the low cost of living.

In 2022:

  • The cost of housing in Lincoln was 86% of the national average.
    • Low housing costs do not appear to be caused by oversupply.
    • Lincoln homeowner (0.7%) and rental (3.1%) vacancy rates were lower than the U.S. rates respectively.19
  • The cost of utilities in Lincoln was 87% of the national average.
Notes

U.S. Bureau of Economic Analysis, Table MARPP.

The Lincoln Metropolitan Statistical Area (MSA) consists of Lancaster and Seward Counties.

Footnotes
  1. U.S. Census Bureau. American Community Survey. American Community Survey 2019 1-year estimates. Table DP04.