Cost Of Living in Omaha, IL

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23%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

68%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Omaha	Illinois	National
Cost of living	77	98	100
Groceries	97	100	100
Health care	94	100	100
Housing	32	95	100
Transportation	97	101	100
Utilities	94	99	100
Lifestyle & Entertainment	99	100	100
Household Items	99	100	100
Education & Childcare	99	100	100

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Cost Of Living Quick Facts

The cost of living in Omaha is 21% lower than the Illinois average
The cost of living in Omaha is 23% lower than the national average
Omaha housing is 68% lower than the national average
Illinois general sales tax is 22% higher than the national average
Illinois state income tax is 91% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$67,146	$5,596	$1,567	$2,015
Renters	$0	$0	$0	$0

Illinois Sales Tax

State	General Sales Tax	With Max Surtax
Illinois	6.25%	10.25%

Illinois Income Tax

State	Income Tax (Low)	Income Tax (High)
Illinois	4.95%	4.95%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Maunie, IL	168	97	3.1%
Old Shawneetown, IL	76	97	3.1%
Enfield, IL	558	76	24.1%
Norris City, IL	1,356	77	23.0%
New Haven, IL	439	78	22.0%
Omaha, IL	246	77	22.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fredonia (Biscoe), AR	246	79	21.0%
Anchor, IL	246	87	13.0%
Kingston Mines, IL	246	85	15.2%
McNabb, IL	246	90	10.5%
Menominee, IL	246	101	1.1%
Omaha, IL	246	77	22.5%