Cost of Living in Omaha, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.3
100 = national avg
-18.7 vs national average
Living Wage (1 Adult)
$35,755
per year
Living Wage (Family of 4)
$84,513
per year
Cost Index by Category
Housing52.4
Food98.7
Transportation97.5
Healthcare99.0
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Omaha is 81.3, which is 18.7% below the national average. Housing costs are below the national average at an index of 52.4. A single adult needs to earn approximately $35,755 per year to cover basic expenses.