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Cost of Living – Price Parity
Cost of Living in Lincoln is lower than the U.S. overall average due to lower housing costs
In Lincoln, low housing costs are a significant component of the low cost of living.
- In 2020, the cost of housing in Lincoln was 80% of the national average.
- Low housing costs do not appear to be caused by oversupply: In 2019, Lincoln homeowner (1%) and rental (3%) vacancy rates were 53% and 45% lower than the U.S. rates respectively.11
Footnotes
11. U.S. Census Bureau. American Community Survey. American Community Survey 2019 1-year estimates. Table DP04.