Cost of Living: Omaha, NE vs Covington, TN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Omaha Covington
Housing Index 92.0 85.0
Median Home Price $305,000 $205,000
Average Rent (2 BR Apartment) $1100 $1200
Average Rent (2 BR House) $1200 $1000

Housing Comparison: Omaha vs Covington

  • In Omaha, the median home price is higher at $305,000, while in Covington it is $205,000.
  • In Covington, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in Omaha.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Omaha Covington
Electricity Price $12.92 $12.57
Natural Gas Price $13.89 $12.35
Other Utilities $200 $200

Utilities Comparison: Omaha vs Covington

  • Electricity costs are higher in Omaha at $12.92 per kWh, compared to $12.57 in Covington.
  • Natural gas is more expensive in Omaha at $13.89 per unit, while it is cheaper at $12.35 in Covington.
  • Utility expenses are equal in both Omaha and Covington averaging $200.