Cost of Living in Lincoln, AL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

93.2

100 = national avg

-6.8 vs national average

Living Wage (1 Adult)

$41,010

per year

Living Wage (Family of 4)

$96,932

per year

Cost Index by Category

Housing
90.1
Food
96.5
Transportation
92.9
Healthcare
97.2
Utilities
95.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$682

per month

2 Bedroom

$814

per month

The overall cost of living index in Lincoln is 93.2, which is 6.8% below the national average. Housing costs are below the national average at an index of 90.1. A single adult needs to earn approximately $41,010 per year to cover basic expenses.