Alba, MO vs Lincoln, MO
Alba is moderately more affordable than Lincoln, with a 5.1% lower cost of living index. Alba scores 63 compared to 66 for Lincoln, where the US average is 100. This difference means residents of Lincoln can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Alba is $843/month compared to $784/month in Lincoln — a 8% difference. Interestingly, home values tell a different story: while Lincoln has cheaper rent, Alba actually has lower median home values ($87,000 vs $123,000).
Median household income in Alba is $50,662 compared to $60,272 in Lincoln (-15.9%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alba spend roughly 20% of their income on rent, more than the 15.6% in Lincoln.
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