Cost of Living in Omaha, NE
Housing
The housing market plays a significant role in determining the cost of living in Omaha, NE.
- Housing Index: 92.0 / 100
- Median Home Price is: $305,000
- Average Rent (2 BR Apartment): $1100 per month
- Average Rent (2 BR House): $1200 per month
Considering the data for Omaha, NE, where the population is and the median age is , it appears to be a vibrant community. A median income of suggests a fairly well-off population, although a 13% poverty level points to some economic disparities. The unemployment rate of indicates a healthy job market, while 36% of families are married, reflecting the area's family-oriented dynamics. Overall, with a diverse population and economic stability, Omaha could be an appealing place to relocate for those seeking both growth and community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Omaha, NE.
- Electricity Price: $12.92 USD (median by state)
- Natural Gas Price: $13.89 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Omaha, NE could entail higher utility costs. Electricity costs sit at $12.92, while natural gas is priced at $13.89 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Omaha is a financially viable option for your relocation.