Cost of living in Lincoln City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lincoln City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Oregon, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lincoln City is 114, with 100 being the average.
The cost of living index in Lincoln City is 1.1x higher than the national average.
Lincoln City ranks as the #53 cheapest in Oregon out of 98.
Lincoln City ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Lincoln City is $279,900.
The median income in Lincoln City is $49,297.
According to the most recent data on the cost of living, Lincoln City has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Oregon, Lincoln City has a cost of living index that's 1.0x lower than Oregon's index of 116.
The standard of living in Lincoln City ranks as #53 most affordable out of the 98 places we measured in Oregon. By definition, that implies Lincoln City ranks as the #45 most expensive place in the Beaver State.
For more reading on life in Lincoln City, check out:
Six factors go into calculating the cost of living index in Lincoln City. Here is how it fairs on each of the criteria:
The Services index in Lincoln City is 119.
The Groceries index in Lincoln City is 114.
The Health index in Lincoln City is 118.
The Housing index in Lincoln City is 109.
The Transportation index in Lincoln City is 130.
The Utilities index in Lincoln City is 88.
Living Expense | Lincoln City | Oregon | National Average | |
---|---|---|---|---|
Overall | 114 | 116 | 100 | |
Services | 119 | 106 | 100 | |
Groceries | 114 | 107 | 100 | |
Health | 118 | 103 | 100 | |
Housing | 109 | 140 | 100 | |
Transportation | 130 | 117 | 100 | |
Utilities | 88 | 97 | 100 |
Housing swings affordability the most between places in Oregon, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lincoln City is $279,900.
The Median Rent in Lincoln City is $1,078.
The Median Income in Lincoln City is $49,297.
The Home Value To Income in Lincoln City is 5.7x.
The Rent To Monthly Income in Lincoln City is 0.26x.
Statistic | Lincoln City | Oregon | United States |
---|---|---|---|
Median Home Value | $279,900 | $362,200 | $244,900 |
Median Rent | $1,078 | $1,250 | $1,163 |
Median Income | $49,297 | $70,084 | $69,021 |
Home Value To Income | 5.7x | 5.2x | 3.5x |
Rent To Monthly Income | 0.26x | 0.21x | 0.2x |
Item | Lincoln City | Oregon |
---|---|---|
Shampoo | $1.23 | $1.06 |
Movie | $11.1 | $10.68 |
Bowling | $19.95 | $14.67 |
Haircut | $33.67 | $18.62 |
Beauty Salon | $56.44 | $39.05 |
Item | Lincoln City | Oregon |
---|---|---|
Ground Beef | $4.74 | $4.22 |
Fried Chicken | $1.58 | $1.39 |
Milk | $2.12 | $2.05 |
Potatoes | $2.34 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $11.24 | $9.38 |
Toothpaste | $2.65 | $2.34 |
Item | Lincoln City | Oregon |
---|---|---|
Optometrist | $146.25 | $108.57 |
Doctor | $168.67 | $116.17 |
Dentist | $101.75 | $99.13 |
Item | Lincoln City | Oregon |
---|---|---|
Gasoline | $2.78 | $2.22 |
Tire Balancing | $68.4 | $50.07 |
Item | Lincoln City | Oregon |
---|---|---|
All Electricity | $143.85 | $167.67 |
Phone | $170.53 | $175.64 |