Cost of Living in Omaha, NE
Population: 488,197 • 2026 Data
$72,708
Median Household Income
-6% vs national
$1,150
Median Monthly Rent
-15% vs national
$230,100
Median Home Value
-32% vs national
4.2%
Unemployment Rate
Housing in Omaha
The median home value in Omaha, NE is $230,100. Monthly rent for a typical unit averages $1,150, while total monthly housing costs (including utilities and insurance) average $1,249.
Rent-to-income ratio: 19.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Omaha, NE is $72,708. The unemployment rate stands at 4.2%, with a labor force of 265,672 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.