Lincoln, MA, has a higher cost of living compared to the nationwide average, with an overall index of 116. This means living expenses in Lincoln are 16% higher than the national average. Specifically, housing costs stand at 34% above the average, while groceries and utilities are 10% and 15% higher, respectively.
Lincoln, MA, exhibits a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Lincoln are notably higher, with an index of 134. This means that housing expenses are 34% above the national average. For job seekers considering Lincoln, this significant increase in housing costs is a crucial factor to weigh in their relocation plans.
Other areas also show elevated costs in Lincoln. Groceries have a cost of living index of 110, indicating a 10% increase over the national average. Utilities follow closely with an index of 115, reflecting a 15% rise. While transportation costs are slightly below average at 98, healthcare costs are 25% higher, with an index of 125. Miscellaneous expenses also stand at 112, showing an 12% increase. These figures highlight the overall higher cost of living in Lincoln, making it essential for potential residents to consider these factors.