Lincoln, AL, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Lincoln stands at 92, which is 8% below the national average of 100. This makes Lincoln an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Specifically, Lincoln's housing costs are 16% lower than the national average, while groceries are only 6% below the average. Utilities and transportation are slightly above average, but healthcare costs are 2% higher. Miscellaneous expenses also mirror the national average closely. This balanced cost structure provides a good opportunity for job seekers looking to manage their expenses effectively.
Lincoln, AL, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Lincoln stands at 84, indicating that housing costs are 16% lower than the national average. This makes Lincoln an attractive option for those seeking more affordable living arrangements without sacrificing quality.
In addition to housing, Lincoln's other cost categories also reflect a favorable comparison. Groceries cost 94, which is 6% lower than the national average. Utilities are priced at 95, just 5% below the average, and transportation costs are at 90, 10% lower. Healthcare costs are slightly above average at 98, but still only 2% higher. Miscellaneous expenses are at 92, which is 8% lower than the national average. Overall, Lincoln provides a cost of living that is competitive and often more affordable than the national average.