Cost of Living in Lincoln, NH

With a cost of living index of 92, Lincoln, NH is slightly more affordable than average. Living here is 8% cheaper than the national average and 10% below the New Hampshire state average of 102. Lincoln is a small community of 938 residents.

Housing costs are the biggest factor in Lincoln's cost of living. The median monthly rent is $1,025 (22% below the US median of $1,319), and the median home value sits at $283,500 (7% below the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Lincoln is $56,406, which is 25% lower than the national median of $75,149. Residents spend roughly 22% 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.

Climate is another factor for anyone considering a move to Lincoln. The area sees an average annual temperature of 42.6°F, with summers averaging 64°F and winters around 19°F. Annual rainfall totals 37 inches spread over roughly 171 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.