Salary Needed to Live in Lincoln as a Single
A single adult living independently needs approximately $18,113/year to live comfortably in Lincoln, NE — including 10% savings.
Comfortable Salary
$18,113
with 10% savings
Bare Minimum
$15,665
no savings buffer
Monthly Expenses
$966
10% below national avg
Detailed Monthly Budget for a Single in Lincoln
| Expense | Lincoln | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $96 | $113 | -15% |
| 🛒 Groceries | $17 | $17 | 0% |
| ⚡ Utilities | $12 | $14 | -14% |
| 🚗 Transportation | $27 | $26 | +4% |
| 🛡️ Car Insurance | $179 | $211 | -15% |
| 🏥 Health Insurance | $49 | $53 | -8% |
| Internet | $59 | $65 | -9% |
| Phone | $77 | $85 | -9% |
| Dining & Social | $273 | $300 | -9% |
| Entertainment | $109 | $120 | -9% |
| Personal Care | $68 | $75 | -9% |
| Total Monthly | $966 | $1,079 | -10% |
How We Calculated the Salary
Monthly expenses:$966
Target savings (10%):$124/mo
Monthly after-tax needed:$1,090
Effective tax rate:26%
Gross annual salary needed:$18,113
Other Household Types in Lincoln
Related Pages
FAQ
What salary does a single person need in Lincoln?
A single person needs approximately $18,113/year ($1,509/month gross) to live comfortably in Lincoln with a 10% savings rate.
How much is rent for a single person in Lincoln?
A studio/1br in Lincoln costs approximately $96/month, which is the largest single expense at 10% of the total budget.
Is Lincoln affordable for a single person?
Yes, Lincoln is 10% more affordable than the national average for a single person.