Cost of Living in Lincoln City, OR

With a cost of living index of 108, Lincoln City, OR is somewhat more expensive than average. Living here is 8% more expensive than the national average and in line with the Oregon state average. Lincoln City is a smaller community of 9,890 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Lincoln City's cost of living. The median monthly rent is $1,326 (1% above the US median of $1,319), and the median home value sits at $374,400 (23% above the national median of $304,900). At current prices, the median home costs roughly 6.6x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Lincoln City is $56,322, which is 25% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Lincoln City. The area sees an average annual temperature of 50.6°F, with summers averaging 57°F and winters around 45°F. Annual rainfall totals 67.3 inches spread over roughly 171 days.

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.