B-
Overall 8%
Goods & Services 3%
Housing 24%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexSouth 48th StreetLincolnNebraska
Cost of living929389
Goods & Services10310395
Groceries979798
Health care10510599
Housing768176
Transportation969695
Utilities909090

Key findings

  • The cost of living in South 48th Street is 3% higher than the Lincoln average
  • The cost of living in South 48th Street is 8% lower than the national average
  • South 48th Street housing is 24% lower than the national average
  • Nebraska general sales tax is 8% higher than the national average
  • Nebraska state income tax is 11% higher than the national average

Most Affordable Places to Live in and Around South 48th Street

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Compare Lincoln, NE Cost of Living

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      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Household$50,415$4,201$1,176$1,513

      Nebraska Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Nebraska5.5%7.5%

      Nebraska Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Nebraska2.46%6.84%

      Goods & Services

      ItemLincolnNational avg.Difference
      Haircut $22.50$17.4928.6%
      Beauty Salon $40.20$38.175.3%
      Toothpaste $2.44$2.325.1%
      Shampoo $0.92$1.019.1%
      Movie $11.34$10.725.7%
      Bowling $16.20$13.8616.9%

      Groceries

      ItemLincolnNational avg.Difference
      Ground Beef $3.70$3.905.1%
      Fried Chicken $1.48$1.406.0%
      Milk $2.37$1.9620.8%
      Potatoes $2.65$3.1816.7%
      Pizza $10.90$10.394.9%
      Beer $8.98$9.232.7%

      Health Care

      ItemLincolnNational avg.Difference
      Optometrist $105.40$106.340.9%
      Doctor $143.75$115.2524.7%
      Dentist $90.80$98.387.7%
      Ibuprofen $9.14$9.261.3%
      Lipitor $517.09$466.4710.9%

      Housing

      ItemLincolnNational avg.Difference
      Home Price $150,200.00$184,700.0018.7%
      Avg. Mortgage Payment $1,034.77$1,273.3218.7%
      Apartment Rent $750.00$949.0021.0%

      Transportation

      ItemLincolnNational avg.Difference
      Gasoline $2.63$2.591.4%
      Tire Balancing $44.00$48.9010.0%

      Utilities

      ItemLincolnNational avg.Difference
      All Electricity$129.51$167.6022.7%
      Phone $191.16$163.4217.0%
      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.
      Douglas, NE21586-14%
      Davey, NE14387-13%
      Raymond, NE12388-12%
      Sprague, NE13188-12%
      Alvo, NE13289-11%
      Lincoln, NE273,01893-7%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Henderson, NV277,8721066%
      Plano, TX279,08811212%
      Newark, NJ280,13911212%
      Toledo, OH280,85485-15%
      Greensboro, NC282,17793-7%
      Lincoln, NE273,01893-7%
      Source: The South 48th Street, Lincoln, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.