Zip 68116 (Omaha, NE) Cost of Living

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Omaha cost of living score
Less expensive
9.2% lower
than the US average
3.4% higher
than the Nebraska average
Omaha (zip 68116), Nebraska gets a BestPlaces Cost of Living score of 90.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% lower than the U.S. average and 3.4% lower than the average for Nebraska.

Zip 68116 (Omaha, NE)

Housing costs in Omaha?
A typical home costs $354,900, which is 5.0% more expensive than the national average of $338,100 and 55.6% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Omaha costs $1,260 per month, which is 29.9% more than the national average of $970 and 14.3% more than the state average of $1,080.

Can I afford Omaha?
To live comfortably in Omaha (zip 68116), Nebraska, a minimum annual income of $68,040 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Omaha?
The cost of living in Omaha, NE 68116 is relatively affordable when compared to other major cities. Goods and services are generally cheaper than the national average, making it an ideal place for those looking to save money. Rent and housing prices are generally lower as well, with the median home value hovering around $160,000. Groceries and transportation costs are also lower than average, making Omaha a great option for budget-minded people. The local economy has seen steady growth in recent years, allowing residents to find employment in various industries. There are plenty of cultural attractions and entertainment venues throughout Omaha, making it an enjoyable place to call home.
   Cost of living score
     CategoriesOmahaNebraskaUnited States

   100=National Average

   Average Rent by Bedroom Size