Cost of Living: Mcallen, TX vs Lincoln, NE

Housing

The housing market plays a significant role in determining the cost of living.

Metric Mcallen Lincoln
Housing Index 85.0 78.0
Median Home Price $243,000 $284,000
Average Rent (2 BR Apartment) $1100 $1200
Average Rent (2 BR House) $1200 $1225

Housing Comparison: Mcallen vs Lincoln

  • The median home price in Lincoln is higher at $284,000, compared to $243,000 in Mcallen.
  • In Lincoln, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in Mcallen.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Mcallen Lincoln
Electricity Price $14.47 $12.92
Natural Gas Price $26.29 $13.89
Other Utilities $250 $250

Utilities Comparison: Mcallen vs Lincoln

  • Electricity costs are higher in Mcallen at $14.47 per kWh, compared to $12.92 in Lincoln.
  • Natural gas is more expensive in Mcallen at $26.29 per unit, while it is cheaper at $13.89 in Lincoln.
  • Utility expenses are equal in both Mcallen and Lincoln averaging $250.