Housing costs in Omaha?
A typical home costs
$106,600, which is 68.5% less expensive than the national average of
$338,100 and 53.3% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Omaha costs
$960 per month, which is 1.0% cheaper than the national average of
$970 and 12.5% cheaper than the state average of
$1,080.
Can I afford Omaha?
To live comfortably in Omaha (zip 68111), Nebraska, a minimum annual income of
$20,520 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Omaha?
The cost of living in Omaha, NE zip code 68111 is generally affordable compared to the rest of the United States. According to BestPlaces's Cost of Living Index, the city has a cost of living index of 84.59 which is lower than the national average index of 100. Rent in this area costs an average of $863 per month, utilities are around $157 per month, and transportation costs an average of $117 per month. Groceries and other basic items tend to be slightly higher than the national average, but still remain moderately priced with a consumer price index at 97.8 in 2020. As a result, Omaha offers a comfortable quality of life for its residents without breaking their budgets.