Omaha, NE Cost Of Living
Cost Of Living In Omaha, NE Summary
Cost of living in Omaha research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Omaha is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nebraska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Omaha is 90, with 100 being the average.
The cost of living index in Omaha is 0.9x lower than the national average.
Omaha ranks as the #24 cheapest in Nebraska out of 34.
Omaha ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Omaha is $177,700.
The median income in Omaha is $65,359.
Table Of Contents
Omaha's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Omaha, NE?
According to the most recent data on the cost of living, Omaha has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Nebraska, Omaha has a cost of living index that's 1.0x lower than Nebraska's index of 91.
The standard of living in Omaha ranks as #24 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Omaha ranks as the #10 most expensive place in the Cornhusker State.
For more reading on life in Omaha, check out:
- Living In Omaha
- Omaha Crime Report
- Search Homes For Sale In Omaha, NE
In Nebraska
In America
Omaha Cost Of Living Vs. Nebraska
Six factors go into calculating the cost of living index in Omaha. Here is how it fairs on each of the criteria:
The Services index in Omaha is 97.
The Groceries index in Omaha is 98.
The Health index in Omaha is 97.
The Housing index in Omaha is 79.
The Transportation index in Omaha is 97.
The Utilities index in Omaha is 97.
| Living Expense | Omaha | Nebraska | National Average | |
|---|---|---|---|---|
| Overall | 90 | 91 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 98 | 96 | 100 | |
| Health | 97 | 99 | 100 | |
| Housing | 79 | 80 | 100 | |
| Transportation | 97 | 99 | 100 | |
| Utilities | 97 | 86 | 100 | |
Omaha, NE Housing Cost Breakdown
Housing swings affordability the most between places in Nebraska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Omaha is $177,700.
The Median Rent in Omaha is $999.
The Median Income in Omaha is $65,359.
The Home Value To Income in Omaha is 2.7x.
The Rent To Monthly Income in Omaha is 0.18x.
| Statistic | Omaha | Nebraska | United States |
|---|---|---|---|
| Median Home Value | $177,700 | $174,100 | $244,900 |
| Median Rent | $999 | $909 | $1,163 |
| Median Income | $65,359 | $66,644 | $69,021 |
| Home Value To Income | 2.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Omaha, NE Costs By Category
Detailed Omaha Services Costs Vs. Nebraska
Detailed Omaha Groceries Costs Vs. Nebraska
Detailed Omaha Health Costs Vs. Nebraska
Detailed Omaha Transportation Costs Vs. Nebraska
Detailed Omaha Utilities Costs Vs. Nebraska
Omaha SnackAbility
/10
Cost Of Living In Cities Around Omaha
The cost of living varies in the cities and towns around Omaha. Here's a quick look at the cost of living in the most populous nearby places:
Bellevue, NE has a cost of living index of 94, 1.0x Omaha.
Council Bluffs, IA has a cost of living index of 90, 1.0x Omaha.
Papillion, NE has a cost of living index of 96, 1.1x Omaha.
| City | Population | Cost Of Living | Vs. Omaha |
|---|---|---|---|
| Bellevue, NE | 62,888 | 94 | 1.0x |
| Council Bluffs, IA | 62,617 | 90 | 1.0x |
| Papillion, NE | 23,875 | 96 | 1.1x |
| La Vista, NE | 16,786 | 94 | 1.0x |
| Chalco, NE | 10,688 | 93 | 1.0x |
| Blair, NE | 7,725 | 88 | 1.0x |
| Plattsmouth, NE | 6,558 | 88 | 1.0x |
| Ralston, NE | 6,453 | 89 | 1.0x |
| Gretna, NE | 5,106 | 96 | 1.1x |
