Cost of Living in Lincoln Park, CO

With a cost of living index of 92, Lincoln Park, CO is slightly more affordable than average. Living here is 8% cheaper than the national average and 22% below the Colorado state average of 114. Lincoln Park is a small community of 4,315 residents.

Housing costs are the biggest factor in Lincoln Park's cost of living. The median monthly rent is $1,120 (15% below the US median of $1,319), and the median home value sits at $272,000 (11% below the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Lincoln Park is $64,750, which is 14% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.