Omaha cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index8989100
Goods & Services index9495100
Groceries index9495100
Health care index101100100
Housing index7976100
Transportation index9297100
Utilities index8686100
Here we can see a simple outline of the cost of living in Omaha, NE. As you can see, with the average cost of living in Omaha, NE being 89, that puts it equal to the average of Nebraska and 11% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Omaha, NE, the price of goods and services are 1% lower than the average of Nebraska as well as 6% lower than the nation's average.
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Did you know?

  • The cost of living in Omaha is equal to the Nebraska average.
  • The cost of living in Omaha is 11% lower than the national average.
  • The cost of housing in Omaha is 21% lower than the national average.
  • Nebraska general sales tax is 8% higher than the national average.
  • Nebraska state income tax is 11% higher than the national average.

Compare Omaha, NE Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Omaha, NE to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Omaha, NE, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Omaha, NE salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Omaha, NE, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Omaha, NE has a median income of about $71,769 for people who own homes. Based on that number, a person should spend a maximum of $1,674 on expenses related to housing. Renters have a slightly different median income, which is $31,595. Based on this average, renters should spend no more than $737 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Nebraska Sales Tax

StateGeneral Sales TaxWith Max Surtax

Nebraska Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Omaha, NE is the Nebraska sales tax and Nebraska income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Nebraska sales tax rate is 5.5% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Nebraska income tax rates range from 2.46% to 6.84%.

Goods & Services

ItemOmahaNational avg.Difference
Haircut $17.00$16.095.7%
Beauty Salon $32.86$37.3312.0%
Toothpaste $1.95$2.4520.5%
Shampoo $0.84$1.0016.0%
Movie $9.59$10.286.7%
Bowling $3.70$4.9325.0%


ItemOmahaNational avg.Difference
Ground Beef $3.40$3.8010.7%
Fried Chicken $1.48$1.405.7%
Milk $1.73$2.0113.8%
Potatoes $3.34$3.0110.9%
Pizza $9.49$9.894.0%
Beer $8.26$8.907.2%

Health Care

ItemOmahaNational avg.Difference
Optometrist $97.13$102.164.9%
Doctor $137.37$108.3626.8%
Dentist $74.14$92.5319.9%
Ibuprofen $9.25$9.280.3%
Lipitor $431.14$425.821.2%


ItemOmahaNational avg.Difference
Home Price $139,800.00$184,700.0024.3%
Avg. Mortgage Payment $1,017.45$1,202.4415.4%
Apartment Rent $819.00$949.0013.7%


ItemOmahaNational avg.Difference
Gasoline $1.82$2.2418.8%
Tire Balancing $53.20$46.2914.9%


ItemOmahaNational avg.Difference
All Electricity$161.36$165.962.8%
Phone $21.01$28.6826.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Richfield, NE16493-7%
Boys Town, NE90793-7%
La Platte, NE12467-33%
Carter Lake, IA3,76585-15%
Council Bluffs, IA62,32685-15%
Omaha, NE443,07289-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Raleigh, NC441,3261055%
Colorado Springs, CO448,7591000%
Virginia Beach, VA449,73311818%
Miami, FL432,6221099%
Atlanta, GA456,3781055%
Omaha, NE443,07289-11%
Source: The Omaha, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.
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