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: $305000
• 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 96.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $70202

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Omaha, NE, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.