Cost of Living in Lincoln, ID

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

Cost of Living Overview

Overall Index

125.0

100 = national avg

+25.0 vs national average

Living Wage (1 Adult)

$54,999

per year

Living Wage (Family of 4)

$129,998

per year

Cost Index by Category

Housing
139.2
Food
111.8
Transportation
123.5
Healthcare
109.4
Utilities
114.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,095

per month

2 Bedroom

$1,305

per month

The overall cost of living index in Lincoln is 125.0, which is 25.0% above the national average. Housing costs are above the national average at an index of 139.2. A single adult needs to earn approximately $54,999 per year to cover basic expenses.