Housing costs in Lincoln?
A typical home costs
$301,900, which is 10.7% less expensive than the national average of
$338,100 and 10.2% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Lincoln costs
$1,030 per month, which is 22.6% cheaper than the national average of
$1,330 and 5.8% cheaper than the state average of
$1,090.
Can I afford Lincoln?
To live comfortably in Lincoln (zip 19960), Delaware, a minimum annual income of
$57,960 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Lincoln?
In 1996, the cost of living in Lincoln, DE was relatively low compared to other places in the United States. Housing prices were lower than the national average and groceries, utilities, and healthcare costs were also well below the US average. Gasoline prices hovered around $1.50 a gallon, while restaurants and entertainment were also reasonably priced. The overall cost of living in Lincoln was very affordable for its residents, making it an attractive option for those looking to settle down without breaking their budget.