Cost of Living in Omaha, NE

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

113.4

100 = national avg

+13.4 vs national average

Living Wage (1 Adult)

$49,879

per year

Living Wage (Family of 4)

$117,895

per year

Cost Index by Category

Housing
131.2
Food
105.6
Transportation
90.1
Healthcare
104.5
Utilities
109.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,148

per month

2 Bedroom

$1,368

per month

The overall cost of living index in Omaha is 113.4, which is 13.4% above the national average. Housing costs are above the national average at an index of 131.2. A single adult needs to earn approximately $49,879 per year to cover basic expenses.