Cost of Living in Lincoln, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.1
100 = national avg
-21.9 vs national average
Living Wage (1 Adult)
$34,377
per year
Living Wage (Family of 4)
$81,255
per year
Cost Index by Category
Housing55.9
Food93.5
Transportation88.6
Healthcare94.8
Utilities87.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$717
per month
2 Bedroom
$941
per month
The overall cost of living index in Lincoln is 78.1, which is 21.9% below the national average. Housing costs are below the national average at an index of 55.9. A single adult needs to earn approximately $34,377 per year to cover basic expenses.