Lincoln, MA, shows a higher cost of living compared to the nationwide average. Housing costs stand at 50% above the national average, while groceries and utilities each exceed the norm by 10%. Despite this, transportation remains at par with the average, and healthcare costs are 30% higher, with miscellaneous expenses sitting at 15% above the national rate. These insights highlight the areas where Lincoln, MA, diverges significantly from the rest of the country.
Lincoln, MA, showcases a higher cost of living compared to the nationwide average across multiple areas. Housing costs in Lincoln are notably 50% higher, as the index stands at 150. This means that expenses related to housing are significantly greater for residents. Groceries also reflect a cost increase, with an index of 110, indicating prices are 10% above the national average.
Utilities, transportation, healthcare, and miscellaneous expenses in Lincoln also surpass the national average. The utility cost index of 120 shows a 20% increase, while transportation costs remain at par, with an index of 100. Healthcare costs are 30% higher, with an index of 130, and miscellaneous expenses are 15% higher at an index of 115. Overall, Lincoln's cost of living index paints a picture of higher expenses for residents in most categories compared to the nationwide average.
