Cost of Living in Lincoln
East Midlands
City
Lincolnshire, EnglandPopulation: 104,000
Average House Price
£263.5k
-9% vs UK avg (£290k)
Median Salary
£33,852
-13% vs UK avg (£39,039)
Average Rent
£966/mo
-20% vs UK avg (£1,200)
Quick Facts
Council Tax£2,311Band D / yr
Energy£151/ mo
Water£36.00/ mo
Broadband£35.00/ mo
Bus Pass£65.62/ mo
House Prices in Lincoln
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£263,520
Detached£410,400
Semi-detached£253,800
Terraced£192,240
Flat / Apartment£145,800
House prices in Lincoln have increased by +3.0% over the past year.
Salaries in Lincoln
Annual Salary
Median and mean gross annual pay
Median£33,852
Mean£38,130
Median hourly rate£16.23/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£23,064
Upper quartile (75th)£44,640
vs UK National Median (£39,039)
-13.3%
£5,187 below national averageMonthly Cost of Living in Lincoln
Estimated Monthly Breakdown
What it costs to live in Lincoln each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £966 |
| Housing | Council Tax(Band D, paid over 12 months) | £193 |
| Utilities | Energy(Gas and electricity) | £151 |
| Utilities | Water | £36.00 |
| Utilities | Broadband | £35.00 |
| Transport | Transport(Monthly commute estimate) | £170 |
| Food | Groceries(Estimated monthly shop) | £259 |
| Leisure | Leisure(Gym, dining out, entertainment) | £138 |
| Estimated Total | £1,947 |
These figures are estimates based on averages and may vary depending on your lifestyle, property type, and household size. Council tax shown at Band D; your band may differ.
Transport Costs in Lincoln
Monthly Bus Pass
Standard adult monthly bus pass
£65.62
Fuel per Litre
Average petrol price per litre
£1.30
Monthly Commute
Estimated monthly commuting cost
£170
Compare Lincoln with Another Location
See how the cost of living in Lincoln stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Lincoln
- What is the average house price in Lincoln?
- The average house price in Lincoln is £263,520, based on HM Land Registry data for 2025-12-01. Detached homes average £410,400, while flats and apartments average £145,800. Prices have risen by +3.0% over the past year.
- What is the average salary in Lincoln?
- The median annual salary in Lincoln is £33,852, compared to the UK national median of £39,039. This is £5,187 below the national average. Salaries typically range from £23,064 (lower quartile) to £44,640 (upper quartile).
- How much does it cost to rent in Lincoln?
- Average monthly rent in Lincoln is £966 per month. Rents have increased by +6.5% over the past year.
- Is Lincoln an affordable place to live?
- Lincoln can be a stretch for those on median earnings. Rent accounts for approximately 34% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £966, while the median annual salary is £33,852 (approximately £2,821 per month before tax).
- How does Lincoln compare to London?
- The average house price in Lincoln is £263,520, compared to approximately £551,000 in London. Property in Lincoln costs around 48% of London prices, making it £287,480 cheaper on average. Rent is also more affordable, at £966 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Lincoln?
- House prices in Lincoln are currently rising, with a +3.0% increase over the past year. The current average price of £263,520 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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