Lincoln is 26% more expensive than Springfield.
When comparing Lincoln, NE and Springfield, IL, the overall cost of living indices are 77 and 61 respectively (national median = 100). Rent is $100/month cheaper in Springfield, saving renters about $1,200/year.
Median household income is $4,454/year higher in Lincoln. Home values also differ significantly — the median in Lincoln is $248,200 compared to $155,200 in Springfield.
Illinois has a lower income tax rate, making Springfield slightly more tax-friendly.
Lincoln vs Springfield — common questions
Other cost of living comparisons for Lincoln and Springfield