Cost of Living in Lincoln
Detailed cost of living data — sourced from authoritative datasets and normalized for direct comparison.
Cost of Living in Lincoln, Rhode Island
The cost of living in Lincoln is approximately 6% lower than the national average, primarily driven by more affordable housing and utility expenses. While groceries are slightly cheaper than the national average, healthcare and certain goods and services can be slightly higher. For instance, the average rent for a one-bedroom apartment was projected to be around $1,301 in 2025, indicating a steady increase over time. Utility costs for a standard residence, including electricity and internet, were estimated at approximately $259.72 per month in 2025.
Monthly Costs
Detailed Breakdown
About Lincoln, Rhode Island
Lincoln, Nebraska, the state capital and second-largest city, is home to over 300,000 residents and spans approximately 104 square miles. Situated between Chicago and Denver, it serves as a hub for governmental and educational institutions, including the University of Nebraska-Lincoln, which enrolls 24,000 students. The city's history dates back thousands of years, with American Indian tribes inhabiting the area along Salt Creek before westward settlers were drawn to the abundant salt deposits. Lincoln is recognized for its thriving economy, numerous amenities, and affordability, earning it a reputation as a desirable place to live. The city has experienced a consistent population growth rate of 1% to 1.5% over the last 50 years.
About Rhode Island
Rhode Island, the smallest U.S. state, offers a coastal New England lifestyle with a strong sense of community. Its economy is diverse, with major industries including healthcare and social assistance, manufacturing, education, professional and technical services, finance and insurance, and tourism and hospitality. Living in Rhode Island is generally more expensive than the national average, particularly due to higher housing and utility costs, though groceries and healthcare are more in line with national averages. The state experiences a New England climate with cold, snowy winters and warm summers, and its small size means beaches and urban amenities are usually a short drive away.