Omaha is 10% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Peoria to live the same way.
🏠 Rent per month
$1,448
$2,185
🛏️ 2-bedroom rent
$1,367
$1,814
💵 Families earn per year
$78,947
$103,336
🔑 Buying a house
$245,500
$463,600
📊 Overall prices (U.S. = 100)
91.9
100.7
🏛️ Property tax per year
$4,128
$2,160
⚡ Electric bill per month
$131
$204
👥 People living there
488,837
196,906
Commute to work
19.6 min
28.2 min
College degree
40.1%
36.3%
Own their home
57.4%
76%
Below poverty line
13.5%
8.4%
Unemployment
4.2%
4%
Bottom line
- Pick Omaha for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Peoria for higher incomes, less poverty, lower unemployment.
Frequently asked questions
Is Omaha or Peoria cheaper to live in?
Omaha is about 10% cheaper overall. Rent is $1,448 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in Omaha?
About $65,722 a year gives the same standard of living in Peoria.
Where do people earn more, Omaha or Peoria?
The typical household earns $78,947 in Omaha and $103,336 in Peoria, 24% more in Peoria.