Cost of Living in Lincoln
The biggest cost-of-living factor in Lincoln, Massachusetts is housing. The median home is priced around $2.49M, or about $516 per square foot.
With 20% down on a median-priced home, the estimated monthly mortgage payment (principal and interest) is about $12,920, plus roughly $2,658 per month in property taxes. Rates and down payment change this figure significantly.
Lincoln's FY2025 residential property tax rate is $12.81 per $1,000 of assessed value. Combined with home prices, that gives a clear picture of the monthly cost of owning in Lincoln.