Cost of living in Lincoln
Lincoln, the capital city of Nebraska, offers a unique blend of urban and rural living. Understanding the cost of living here is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of expenses in Lincoln, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14 on average, with a range between $11 and $45.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $50, with prices ranging from $45 to $113.36.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $4 to $8.68, cappuccino $3 to $9, and Coke/Pepsi $1.5 to $3.09.
Grocery Prices
- Milk - Milk is priced between $0.45 and $1.45 per liter, averaging $0.81.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $6.61, with an average price of $3.59.
- Eggs (Dozen) - A dozen eggs range from $2 to $6, averaging $3.39.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.54 to $8.82 per kg, while oranges range from $2.2 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $6.61 per kg, and lettuce costs $1 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.25 and $2.5, with a monthly pass priced between $20 and $50.
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.9 per liter.
- Taxi Fares - Taxi fares start at $3.1, with a cost of $1.12 to $3.42 per km and $20 to $35 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $900 to $1200, averaging $1025.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $600 to $1700, averaging $850.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1300 to $4000, averaging $2450.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1400 to $3500, averaging $1738.75.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1291.67 to $1862, averaging $1576.83.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $1862.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $50 and $300, averaging $107.79.
- Internet - Internet services range from $47 to $85, with an average cost of $54.09.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
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"Key Takeaways"
Lincoln offers a relatively affordable cost of living compared to larger metropolitan areas. Housing is reasonably priced, especially outside the city centre.
Dining out can be budget-friendly, with a variety of options available. Public transportation is economical, and utilities are moderately priced.
For those considering purchasing property, the cost per square meter is lower than in many other cities, making Lincoln an attractive option for homebuyers.
Conclusion
In conclusion, Lincoln, NE, presents a balanced cost of living with affordable housing, reasonable dining options, and manageable transportation costs.
This makes it an appealing choice for individuals and families looking for a city that offers both urban amenities and a lower cost of living.