Cost of Living in Lincoln, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.0
100 = national avg
-34.0 vs national average
Living Wage (1 Adult)
$29,038
per year
Living Wage (Family of 4)
$68,636
per year
Cost Index by Category
Housing68.9
Food74.3
Transportation51.0
Healthcare79.4
Utilities78.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$807
per month
2 Bedroom
$973
per month
The overall cost of living index in Lincoln is 66.0, which is 34.0% below the national average. Housing costs are below the national average at an index of 68.9. A single adult needs to earn approximately $29,038 per year to cover basic expenses.