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.