Salary Needed to Live in Lincoln as a Family
A family of four (2 adults, 2 children) needs approximately $53,695/year to live comfortably in Lincoln, NE — including 15% savings.
Comfortable Salary
$53,695
with 15% savings
Bare Minimum
$42,811
no savings buffer
Monthly Expenses
$2,640
10% below national avg
Detailed Monthly Budget for a Family in Lincoln
| Expense | Lincoln | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $178 | $209 | -15% |
| 🛒 Groceries | $44 | $44 | 0% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $45 | $44 | +2% |
| 🛡️ Car Insurance | $179 | $211 | -15% |
| 🏥 Health Insurance | $49 | $53 | -8% |
| Childcare/After-school | $1,092 | $1,200 | -9% |
| Internet + Phones | $164 | $180 | -9% |
| Children Activities | $228 | $250 | -9% |
| Dining Out | $319 | $350 | -9% |
| School Supplies & Clothing | $182 | $200 | -9% |
| Healthcare Co-pays | $137 | $150 | -9% |
| Total Monthly | $2,640 | $2,919 | -10% |
How We Calculated the Salary
Monthly expenses:$2,640
Target savings (15%):$584/mo
Monthly after-tax needed:$3,224
Effective tax rate:26%
Gross annual salary needed:$53,695
Other Household Types in Lincoln
Related Pages
FAQ
What salary does a family with kids need in Lincoln?
A family with kids needs approximately $53,695/year ($4,475/month gross) to live comfortably in Lincoln with a 15% savings rate.
How much is rent for a family with kids in Lincoln?
A 3br apartment/house in Lincoln costs approximately $178/month, which is the largest single expense at 7% of the total budget.
Is Lincoln affordable for a family with kids?
Yes, Lincoln is 10% more affordable than the national average for a family with kids.