Lincoln cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index8789100
Goods & Services index8998100
Groceries index8596100
Health care index7991100
Housing index7472100
Transportation index8791100
Utilities index126103100
A general summary of the cost of living index in Lincoln, AL is shown above. Compared to the state average of Alabama the cost of living index in Lincoln, AL is 87, which is 3% lower than the average in Alabama and compared to the national average it is 13% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Lincoln, AL goods and services come in at 10% lower than the average in Alabama and are 12% lower than compared to the nationwide average.
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Did you know?

  • The cost of living in Lincoln is 3% lower than the Alabama average.
  • The cost of living in Lincoln is 13% lower than the national average.
  • The cost of housing in Lincoln is 26% lower than the national average.
  • Alabama general sales tax is 21% lower than the national average.
  • Alabama state income tax is 10% lower than the national average.

Compare Lincoln, AL Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
Housing index
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Utilities index
The salary calculator is meant to help you compare your salary in Lincoln, AL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Lincoln, AL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Lincoln, AL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Lincoln, AL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Lincoln, AL has a median income of about $61,210 for people who own homes. Based on that number, a person should spend a maximum of $1,428 on expenses related to housing. Renters have a slightly different median income, which is $45,214. Based on this average, renters should spend no more than $1,055 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Lincoln, AL is the Alabama sales tax and Alabama income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Alabama sales tax rate is 4% and the maximum surtax that can be charged is 13.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Alabama income tax rates range from 2% to 5%.

Goods & Services

ItemLincolnNational avg.Difference
Haircut $13.60$17.4922.2%
Beauty Salon $31.00$38.1718.8%
Toothpaste $1.84$2.3220.7%
Shampoo $0.85$1.0116.0%
Movie $9.25$10.7213.7%
Bowling $10.00$13.8627.9%


ItemLincolnNational avg.Difference
Ground Beef $3.53$3.909.5%
Fried Chicken $1.08$1.4022.6%
Milk $1.51$1.9623.0%
Potatoes $2.66$3.1816.4%
Pizza $10.49$10.390.9%
Beer $8.39$9.239.1%

Health Care

ItemLincolnNational avg.Difference
Optometrist $77.60$106.3427.0%
Doctor $75.75$115.2534.3%
Dentist $72.25$98.3826.6%
Ibuprofen $9.47$9.262.3%
Lipitor $464.50$466.470.4%


ItemLincolnNational avg.Difference
Home Price $125,500.00$184,700.0032.1%
Avg. Mortgage Payment $820.88$1,273.3235.5%
Apartment Rent $843.00$949.0011.2%


ItemLincolnNational avg.Difference
Gasoline $2.29$2.5911.5%
Tire Balancing $42.74$48.9012.6%


ItemLincolnNational avg.Difference
All Electricity$247.64$167.6047.8%
Phone $178.98$163.429.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
West End-Cobb Town, AL3,55078-22%
Munford, AL1,35679-21%
Talladega, AL15,79379-21%
Ragland, AL1,92180-20%
Alexandria, AL3,98084-16%
Lincoln, AL6,42987-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Blakely, PA6,43093-7%
Hillsborough, NC6,42895-5%
Tracyton, WA6,42512525%
Plumas Lake, CA6,43412222%
Milford, MI6,43499-1%
Lincoln, AL6,42987-13%
Source: The Lincoln, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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