Explore the Data

Basic Needs > Cost of Living – Price Parity

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.