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Cost of Living in Lancaster County, NE

Population 326,696 · Census ACS 2020–2024 5-year estimates

Median rent$1,085
Median home value$275,200
Median household income$74,793

The median rent in Lancaster County, NE is $1,085/month, about the same as the Nebraska median and 23% lower than the U.S. median. The median home value is $275,200, 17% lower than the national median. Households earn a median of $74,793 a year, 2% lower than the state median.

Affordability

Rent as a share of median income: 17.4%
Income needed for median rent (30% rule): $43,400/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,392/mo

Run your own numbers: mortgage calculator · hourly to salary

Lancaster County vs. Nebraska vs. U.S.

Lancaster CountyNebraskaU.S.
Median rent$1,085$1,072$1,413
Median home value$275,200$238,600$332,700
Median household income$74,793$76,475$80,734
Homeownership rate58.9%66.5%65.2%
Bachelor's degree or higher41.9%34.6%35.7%
Poverty rate11.9%10.6%12.5%
Unemployment rate3.2%3.0%5.2%
Work from home11.6%11.0%15.1%
Median age34.337.238.9

FAQ

What is the average rent in Lancaster County, NE?

The median gross rent in Lancaster County, NE is $1,085 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lancaster County, NE?

Using the common 30% rule, renting a median-priced home takes about $43,400 a year in gross income.

Is Lancaster County, NE expensive to live in?

Rent there is 23% lower than the U.S. median, and the median home costs about 3.7 times the median household income.

Other counties in Nebraska

Douglas County, NERent $1,201 · Income $80,391Sarpy County, NERent $1,334 · Income $103,321Hall County, NERent $943 · Income $69,251Buffalo County, NERent $936 · Income $75,911Dodge County, NERent $1,060 · Income $74,329Scotts Bluff County, NERent $909 · Income $63,614

Counties with a similar cost of living

Door County, WIRent $1,086 · Income $74,795Franklin County, NCRent $1,083 · Income $74,240Lewis County, WARent $1,097 · Income $74,796St. Clair County, ILRent $1,090 · Income $73,854Lake County, MNRent $1,093 · Income $75,541Eau Claire County, WIRent $1,064 · Income $74,546

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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