CostIndexUSA

Lincoln, NE vs Rockford, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNE
Lincoln
91.6
overall index
$1,275/mo rent
IL
Rockford
92.2
overall index
$1,200/mo rent

Lincoln is slightly cheaper than Rockford — 0.7% lower overall cost of living.

To match an $80,000 salary in Lincoln, you would need $80,500 in Rockford. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing16.7%
Lincoln
84.2
Rockford
70.1
🛒 Groceries≈ Equal
Lincoln
94.1
Rockford
93.6
🚗 Transportation+7.2%
Lincoln
97.6
Rockford
104.6
🏥 Healthcare+7.1%
Lincoln
88.3
Rockford
94.6
Utilities+16.4%
Lincoln
76.8
Rockford
89.4

Salary Equivalency Calculator

Enter your current salary in Lincoln to see what you'd need to earn in Rockford to maintain the same purchasing power.

$
Equivalent salary in Rockford, IL
$80,500
$500 more needed in Rockford

Formula: salary × (92.2 ÷ 91.6) = salary × 1.0066. Based on BEA Regional Price Parities.

Housing Market

Lincoln, NE

Median Home Price
$289,000
Median Monthly Rent
$1,275
Housing Index
84.2
Price-to-Rent Ratio
18.9×

Rockford, IL

Median Home Price
$206,000
Median Monthly Rent
$1,200
Housing Index
70.1
Price-to-Rent Ratio
14.3×

Lincoln has 16.7% lower housing costs compared to Rockford.

Income & Job Market

Lincoln, NE

Median Household Income
$71,200
Per Capita Income
$40,600
Unemployment Rate
2.7%
Population
289,102
Top Industries
EducationHealthcareGovernmentFinanceManufacturing

Rockford, IL

Median Household Income
$67,000
Per Capita Income
$38,200
Unemployment Rate
5.8%
Population
148,123
Top Industries
ManufacturingHealthcareFinanceRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Lincoln, NE
4.7×income-to-rent ratio

79% of income left after rent (median)

Rockford, IL
4.7×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.