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2024 BEA RPP All 4 categories Federal source

Lincoln, NE

Cost-of-living indicators for Lincoln, NE, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 30700 · Data year: 2024 · Rank: #256 of 387

Lincoln, NE has a cost of living index of 91.6, meaning it's 8.4% less expensive than the national average. Goods cost 5.9% less, services 23.2% less, and rents are 15.8% below average. A $100K national salary has the purchasing power of $109,193 here.

What the Numbers Mean for Lincoln

Lincoln ranks #256 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.6, Lincoln, NE is 8.4% less expensive than the national baseline of 100. The gap between Lincoln's most and least expensive categories — the priciest line item versus services at 76.8 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $109,193 inside Lincoln, while a household needs roughly $91,581 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 84.2 — 15.8% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Lincoln's overall index has fallen by 3.4 points, improving relative affordability. For the 2024 data year, goods are indexed at 94.1 and services at 76.8, meaning everyday spending in Lincoln is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Lincoln Cost Index at a Glance

Lincoln all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10091.6

Lincoln category breakdown

BEA RPP composition by goods, services, rents, overall

Rents84.208Services76.817Goods94.101Overall91.581

Price Index Summary

Overall

91.6

-8.4 below avg

Goods

94.1

-5.9 below avg

Services

76.8

-23.2 below avg

Rents

84.2

-15.8 below avg

Price Index vs National Average (100)

Overall
National avg

Index 91.6 (-8.4 vs national avg)

Goods
National avg

Index 94.1 (-5.9 vs national avg)

Services
National avg

Index 76.8 (-23.2 vs national avg)

Rents
National avg

Index 84.2 (-15.8 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Services -23.2% (76.8)
Rents -15.8% (84.2)
Overall -8.4% (91.6)
Goods -5.9% (94.1)

Income Adequacy in Lincoln

Lincoln income adequacy score

$75,000 median income vs RPP 91.6

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$91,581

in Lincoln, NE purchasing power

$50,000 nationally
$45,791
$75,000 nationally
$68,686
$125,000 nationally
$114,476
$150,000 nationally
$137,372
$200,000 nationally
$183,162

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.4 points over this period.

Year Overall
2008 95.0
2009 95.0
2010 94.9
2011 93.3
2012 93.8
2013 94.6
2014 94.7
2015 94.0
2016 93.3
2017 93.6
2018 94.4
2019 95.1
2020 95.2
2021 93.2
2022 92.0
2023 91.9
2024 91.6

Metros with Similar Cost of Living

These metros have an overall RPP closest to Lincoln, NE's index of 91.6.

Related Data for Lincoln

Frequently Asked Questions

What is the cost of living in Lincoln, NE?
Lincoln, NE has a Regional Price Parity (RPP) index of 91.6, meaning it is 8.4% less expensive than the national average. Goods are indexed at 94.1, services at 76.8, and rents at 84.2. It ranks #256 out of 387 U.S. metro areas by overall cost.
What salary do I need in Lincoln, NE to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,581 in Lincoln, NE. Conversely, $100K earned in Lincoln, NE has the purchasing power of $109,193 at the national average.
How expensive is rent in Lincoln, NE?
Rents in Lincoln, NE are indexed at 84.2, which is 15.8% below the national average. This makes the area relatively affordable for renters.
Is Lincoln, NE getting more expensive?
From 2008 to 2024, Lincoln, NE's overall cost index changed by -3.4 points (from 95.0 to 91.6). The cost of living has been declining.
What metros have a similar cost of living to Lincoln, NE?
Metros with the most similar overall cost index include Evansville, Fond du Lac, Birmingham. These areas have RPP values within a few points of Lincoln, NE's 91.6.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page