Cost of Living: Schenectady, NY vs Lincoln, NE

Housing

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

Metric Schenectady Lincoln
Housing Index 115.0 78.0
Median Home Price $247,000 $284,000
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1650 $1225

Housing Comparison: Schenectady vs Lincoln

  • The median home price in Lincoln is higher at $284,000, compared to $247,000 in Schenectady.
  • Renting a two-bedroom apartment costs more in Schenectady at $1,600 than in Lincoln at $1,200.

Utilities

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

Metric Schenectady Lincoln
Electricity Price $26.08 $12.92
Natural Gas Price $18.13 $13.89
Other Utilities $250 $250

Utilities Comparison: Schenectady vs Lincoln

  • Electricity costs are higher in Schenectady at $26.08 per kWh, compared to $12.92 in Lincoln.
  • Natural gas is more expensive in Schenectady at $18.13 per unit, while it is cheaper at $13.89 in Lincoln.
  • Utility expenses are equal in both Schenectady and Lincoln averaging $250.