Housing costs in Omaha?
A typical home costs
$196,300, which is 41.9% less expensive than the national average of
$338,100 and 8.0% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Omaha costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 20.0% cheaper than the state average of
$840.
Can I afford Omaha?
To live comfortably in Omaha, Arkansas, a minimum annual income of
$37,440 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Omaha?
Omaha, AR offers a relatively affordable cost of living. According to BestPlaces, the cost of living index in Omaha is 85.29, which is well below the national average of 100. Rent prices are very reasonable with an average monthly rent for a one-bedroom apartment being around $750. Groceries and dining out are also quite affordable compared to other cities and states. Prices for basic items such as bread, eggs, milk, and vegetables are quite low. Additionally, utilities in Omaha tend to be much lower than many other cities. All in all, Omaha offers an affordable cost of living that makes it an attractive place to live.