States › Nebraska › Omaha

Is Omaha, NE expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,44817% lower than U.S. average
💵 Families earn per year (2026)$78,947about $6,579/month · 9% lower than U.S. average
🔑 House price$245,50026% lower than U.S. average

Omaha is the largest city in Nebraska that we track, with 488,837 residents. Rent is lower than in 61% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 19.6 minutes.

How much money do I need?

To rent here comfortably, you should earn about $57,920 a year. That is $28 an hour at a full-time job.

Is rent cheaper than other Nebraska cities?

No. Rent here is more expensive than in most of Nebraska. It is number 28 of 34 cities from cheapest to most expensive.

Omaha
$1,448
$1,328
$1,319
$1,096
$1,517
$1,105

Compare Omaha with other big cities

vs New Yorkvs Los Angelesvs Chicagovs Houstonvs Lincolnvs St. Paulvs Winston-Salemvs Augustavs San Antoniovs Lexington-Fayettevs Indianapolisvs Tallahassee

Compare Omaha to 149 other cities →

How much do households earn in Omaha?

Under $25k
13.3%
$25k–50k
22.5%
$50k–100k
33.5%
$100k–150k
15.1%
$150k+
10.5%

Share of households by yearly income. 25.6% of households earn $100,000 or more.

Rent by apartment size in Omaha

SizeOmahaU.S. average
Studio$1,056$1,338
1 bedroom$1,140$1,324
2 bedrooms$1,367$1,509
3 bedrooms$1,659$1,698
4 bedrooms$1,889$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Omaha overall?

Everyday prices in the Omaha metro area are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
86
Goods (food, clothes…)
94
Utilities
76
Other services
93
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Omaha

🏛️ Property tax$4,128a year · 1.68% of home value · U.S. $3,119
⚡ Electric bill$131a month (typical) · U.S. $156

Life in Omaha

Commute to work19.6 minU.S.: 26.4 min
College degree40.1%U.S.: 35.7%
Own their home57.4%U.S.: 65.2%
Below poverty line13.5%U.S.: 12.5%
Unemployment4.2%U.S.: 5.2%

What jobs pay in Omaha

JobMedian payRent / pay
Pharmacist$141,83012.3%
Physician Assistant$134,13013.0%
Nurse Practitioner$133,76013.0%
Lawyer$131,73013.2%
Software Developer$125,22013.9%
Civil Engineer$102,02017.0%
Computer Systems Analyst$96,31018.0%
Dental Hygienist$94,17018.5%
Operations Manager$90,62019.2%
Registered Nurse$84,60020.5%
Police Officer$80,28021.6%
Accountant$77,03022.6%
Licensed Practical Nurse$63,54027.3%
Plumber$63,40027.4%
Elementary School Teacher$62,67027.7%
HVAC Technician$62,57027.8%
Electrician$62,44027.8%
Market Research Analyst$62,28027.9%
Firefighter$61,04028.5%
Truck Driver$58,01030.0%
Carpenter$52,80032.9%
Medical Assistant$48,01036.2%
Customer Service Representative$44,26039.3%
Warehouse Worker$42,55040.8%
Nursing Assistant$40,02043.4%
Restaurant Cook$37,84045.9%
Server (Waiter/Waitress)$34,29050.7%
Retail Salesperson$33,26052.2%
Cashier$31,27055.6%

Is it cheaper to rent or buy in Omaha?

Renting is cheaper right now: about $255 a month less.

Renting
$1,448
Owning
$1,703

Owning assumes a typical $245,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,550 for the down payment.

Frequently asked questions

What is the average rent in Omaha, NE?

Renting in Omaha costs a median of about $1,448 a month in 2026, including utilities. The Nebraska median is $1,096.

How much do I need to make to live in Omaha?

To keep rent under 30% of income, you need about $57,920 a year, or $28 an hour at a full-time job.

Is Omaha cheap or expensive?

Omaha is rated OK: rent takes 22.0% of the typical household income of $78,947. It ranks 28th cheapest of 34 Nebraska cities we track.

How much are property taxes in Omaha?

The median homeowner in Omaha pays $4,128 a year in property taxes, about 1.68% of the median home value.

Is Omaha more expensive than the national average?

Overall prices in the metro area are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Omaha?

The median home value in Omaha is $245,500, about 3.1 times the typical yearly household income.

488,837 people live in Omaha. Numbers are typical (middle) values.