City Comparison

Ithaca vs Lincoln

Cost of Living Comparison · 2026

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

Lincoln

Nebraska
93
Below Average
$264,000
Median Home
$1,075/mo
Median Rent
$71,900
Median Income

The Verdict

1.1%

The cost gap between these cities is 1.1%, with Lincoln being the more affordable option. A $75,000 income in Ithaca has equivalent purchasing power to $74,202 in Lincoln.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
117
Ithaca
77
Lincoln
Groceries
103
Ithaca
98
Lincoln
Utilities
102
Ithaca
93
Lincoln
Transportation
96
Ithaca
97
Lincoln
Healthcare
99
Ithaca
102
Lincoln

Salary Equivalence

A $75,000 salary in Ithaca has the same purchasing power as $74,202 in Lincoln.

Conversely, $75,000 in Lincoln equals $75,806 in Ithaca.

Living in Ithaca vs Lincoln

Housing Costs

Ithaca's housing index of 117 is higher Lincoln's 77, translating to median home prices of $324,000 vs $264,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,475/mo in Ithaca compared to $1,075/mo in Lincoln, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 103 in Ithaca and 98 in Lincoln. A household spending the national average of $475/month on groceries would pay approximately $489/month in Ithaca vs $466/month in Lincoln. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 102 in Ithaca and 93 in Lincoln. Monthly utility bills average approximately $408 in Ithaca vs $372 in Lincoln. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 99 in Ithaca and 102 in Lincoln. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $48,600 in Ithaca and $71,900 in Lincoln. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $51,702 and $77,312 respectively. Lincoln residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Ithaca vs $1,678/month in Lincoln. In Ithaca, median rent of $1,475/mo exceeds this threshold, suggesting renters may feel stretched. In Lincoln, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 40 index points — focus your budget analysis there.

Frequently Asked Questions

Lincoln is 1.1% more affordable overall with an index of 93 vs 94.
A $75,000 salary in Ithaca has equivalent purchasing power to approximately $74,202 in Lincoln, based on the cost of living difference.
Ithaca's housing index is 117 with median homes at $324,000, while Lincoln's is 77 with median homes at $264,000.

Moving & Relocation Resources

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