Lincoln, RI, has a higher cost of living compared to the nationwide average. The cost of living index in Lincoln is 112, which is 12% higher than the baseline of 100. Housing costs significantly drive this difference, with an index of 130, marking a 30% increase from the average.
Job seekers looking to move to Lincoln should consider these higher expenses. Groceries, utilities, and miscellaneous costs also exceed the average by 5%, 10%, and 2%, respectively. Although healthcare costs match the national average, the overall living expenses in Lincoln remain notably higher.
Lincoln, Rhode Island, has a higher cost of living compared to the nationwide average, particularly in housing. The housing index in Lincoln stands at 130, which is 30% above the national average of 100. This means housing costs in Lincoln are significantly higher than the average, making it a key area where expenses can increase for residents.
Beyond housing, Lincoln's other living expenses are also noteworthy. The grocery index is at 105, which is 5% higher than the national average. Utilities cost 10% more, with an index of 110. Transportation expenses are slightly lower, at 95, meaning they are 5% below the national average. Healthcare costs in Lincoln align with the national average, with an index of 100, indicating no change in expense for this category. Miscellaneous costs are 2% above the national average, with an index of 102. Overall, Lincoln offers a mix of higher and lower costs across various living expenses, which potential residents should consider.
