Calculate using real Lincoln data. Median home price: $250,000. Property tax rate: 1.8%.
Lincoln, NE has a cost of living index of 90, where 100 represents the national average. This means living in Lincoln is 10% less expensive the national average.
The median household income in Lincoln, NE is $60,129. Combined with a cost of living index of 90, this provides a picture of purchasing power in the area.
The median home price in Lincoln, NE is $250,000 with a property tax rate of 1.8%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,789.