Cost of Living in Omaha, NE

Omaha has a cost of living index of 91 (100 = national average), making it more affordable than the national average. The median household income is $60,259 and the median home price is $255,000.

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Omaha at a Glance

Population

490,110

Cost of Living Index

91

Median Income

$60,259

Median Home Price

$255,000

Property Tax Rate

1.68%

Sales Tax Rate

7.00%

Rent Index

82

State

Nebraska

Living in Omaha

Omaha offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $255,000 is well within reach for many families.

The combined sales tax rate in Omaha is 7.00%, and the effective property tax rate is 1.68%. Property taxes are above the national average, which is an important consideration for homebuyers.

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