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Home » United States » How much does it cost to live in Omaha Nebraska?

How much does it cost to live in Omaha Nebraska?

December 14, 2021 by Shelia Campbell

Omaha cost of living is 89.8

COST OF LIVING Omaha Nebraska
Grocery 96.6 94.9
Health 130.3 132.3
Housing 76.5 73.1
Median Home Cost $239,900 $205,200

Contents

Is Omaha Nebraska expensive to live?

So it’s true Omaha remains a bargain compared with big cities on the coasts. And we remain below the national average; Omaha’s cost of living is 95 percent of what’s typical across the country.

How much money do you need to live comfortably in Omaha Nebraska?

Omaha, Nebraska. Another city where homeowners are likely coming very close to earning what they would need, Omaha’s $53,789 median income is just about $18,000 a year short of what you would need to live comfortably while covering a mortgage.

Is it cheap to live in Omaha Nebraska?

Omaha, Nebraska’s cost of living is 8% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

How much money do you need to live comfortably in Nebraska?

Housing is, without a doubt, the biggest drain on your paycheck. In Nebraska, to buy a home, you’ll need a salary of just $51,520 per year. The numbers were calculated assuming that you’d come in with a 10 percent down-payment, and that you’d take out a standard, 30-year mortgage.

What is a good salary in Nebraska?

While ZipRecruiter is seeing salaries as high as $134,875 and as low as $20,330, the majority of salaries within the Average jobs category currently range between $49,090 (25th percentile) to $73,388 (75th percentile) with top earners (90th percentile) making $89,255 annually in Nebraska.

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Which state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

How much do utilities cost in Omaha?

Cost of Living in Omaha

Restaurants Edit
Utilities (Monthly) Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 195.97$
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.08$
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 79.31$

Is Nebraska expensive?

Living in Nebraska is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 10.5% less than they do on average nationwide. Compared with all other states, Nebraska has the 13th lowest overall cost of living.

Is Nebraska an expensive state to live in?

An amount below 100 means Nebraska is cheaper than the US average. A cost of living index above 100 means Nebraska, Nebraska is more expensive.
Nebraska cost of living is 89.1.

COST OF LIVING Nebraska United States
Grocery 94.9 100
Health 132.3 100
Housing 73.1 100
Median Home Cost $205,200 $291,700

Is Omaha a good place to live?

It is one of the top places to raise a family in the country. Forbes recently ranked Omaha as the seventh best city for raising a family in the US, due to its great schools, housing affordability, ease of commuting, and low crime rate. Plus, there are just so many family-friendly activities!

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Can you live in Omaha without a car?

It’s a lifestyle choice you don’t see too often in Omaha. Living without a car. According to Mode-Shift-Omaha, there are a few people who live in the metro without a car and Daniel Lawse is one of them. His family of 5 only has one car.

Where is the lowest cost of living in the US?

Here are the 10 most affordable states in the U.S.:

  • Indiana. Average cost of living index: 90.57.
  • Michigan. Average cost of living index: 90.40.
  • Missouri. Average cost of living index: 89.75.
  • Tennessee. Average cost of living index: 89.49.
  • Georgia. Average cost of living index: 89.30.
  • Arkansas.
  • Alabama.
  • Oklahoma.

Is it cheaper to live in Omaha or Lincoln?

The cost of living in Lincoln, NE is 1.6% higher than in Omaha, NE. You would have to earn a salary of $60,944 to maintain your current standard of living. Employers in Lincoln, NE typically pay -0.5% less than employers in Omaha, NE.

What are Nebraska winters like?

Winters are harsh on the other end of the spectrum. They are cold and snowy, with average daytime highs barely above 30°F from December to February. At night the air drops well below freezing, and most of the state’s precipitation falls as snow. Blizzards and ice storms are common, so dress warm and in layers.

What is the racial makeup of Nebraska?

Nebraska racial composition of population hide

Race Population (2016 est.) Percentage
White 1,655,708 88.0%
Black or African American 88,388 4.7%
American Indian and Alaska Native 15,739 0.8%
Asian 39,794 2.1%
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What’s the richest city in Nebraska?

Hickman
The richest town in Nebraska is Hickman. Hickman is about 60 miles southwest of Omaha, Nebraska.

What is upper class salary?

What Is a Middle-Class Income?

Income group Income
Lower-middle class $32,048 – $53,413
Middle class $53,413 – $106,827
Upper-middle class $106,827 – $373,894
Rich $373,894 and up

Is Omaha NE Safe?

With a crime rate of 42 per one thousand residents, Omaha has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 24.

Where can you live for 500 a month?

5 Places to Retire for Under $500 per Month

  • Leon, Nicaragua.
  • Medellin, Colombia.
  • Las Tablas, Panama.
  • Chiang Mai, Thailand.
  • Languedoc-Roussillon, France.
  • Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.

What is the best state to live in financially?

Full Ranking of All 50 States

Rank State Median Income
1 Wyoming $40,240
2 Washington $46,100
3 Texas $37,100
4 Minnesota $42,630

Filed Under: United States

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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