Cost of Living in Lincoln, TX
Housing
The housing market plays a significant role in determining the cost of living in Lincoln, TX.
- Housing Index: Data is updating
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data for Lincoln, TX, the housing index presents a concerning figure at 0.0, indicating potential affordability challenges in the market. The median home price is listed at 199000, which is reasonably attainable compared to national averages, but without information on rental costs—at 0.0 for apartments and 0.0 for homes—it's tough to gauge current living circumstances. It's worth exploring local income levels and employment opportunities to fully understand the housing market. Remember, market dynamics often change, so staying informed on market trends is crucial.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lincoln, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Lincoln, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lincoln is a financially viable option for your relocation.