City profile
Omaha, NE cost of living
NE · BLS RPP 92.1
Overall RPP
92.1
US = 100
Housing RPP
87.2
Housing component
Goods RPP
94
Goods component
2-BR Rent (HUD)
$1,170/mo
FY2024 FMR
Where Omaha, NE sits in the verified metro set
RPP rank
#59 of 67
-7.9 vs U.S. average
Vs median metro
-6.3
median RPP 98.4
2-BR rent rank
#59 of 67
-436/mo vs median verified metro
RPP ranks use only verified ReloMath metro records. Sources: BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR); reviewed June 2026. These are official published averages, not neighborhood-level prices.
Who’s moving in and out of Omaha, NE
IRS tax-return migration · 2021-2022Cost of living is only half the relocation question. The other half is which way people are actually voting with their feet, straight from IRS tax-return migration for the Omaha, NE metro.
Moved in
47,940
people · 27,150 households
Moved out
47,824
people · 26,814 households
Net
+116
net gain of residents
Net migration rank
#30 of 65
among IRS-covered ReloMath metros
Vs median net flow
+220
median -104 people
Largest flow share
5% in / 4% out
top named county shares
Where new residents came from
- Lancaster County, NE 2,492
- Dodge County, NE 769
- Maricopa County, AZ 542
- Polk County, IA 285
- Los Angeles County, CA 278
Where residents moved to
- Lancaster County, NE 1,833
- Maricopa County, AZ 812
- Dodge County, NE 629
- El Paso County, CO 297
- Polk County, IA 287
Counts are IRS tax filers (returns ≈ households, individuals ≈ exemptions) who changed address between 2021-2022. Flows too small for IRS to disclose are grouped and excluded from the named lists. Source: IRS SOI county-to-county migration data ↗, mapped to metros via the U.S. Census CBSA delineation.
What salary do you need in Omaha, NE?
Equivalent salary to maintain the same purchasing power as in a US-average city (RPP 100).
| In US-average city | You need in Omaha, NE | Formula |
|---|---|---|
| $50,000 | $46,050 | $50,000 x (92.1/100) |
| $75,000 | $69,075 | $75,000 x (92.1/100) |
| $100,000 | $92,100 | $100,000 x (92.1/100) |
| $125,000 | $115,125 | $125,000 x (92.1/100) |
| $150,000 | $138,150 | $150,000 x (92.1/100) |
| $200,000 | $184,200 | $200,000 x (92.1/100) |
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
State income tax note
Nebraska income tax 2.46%-6.64%.
Frequently asked questions
- What is the cost of living in Omaha, NE?
- Omaha, NE has a BLS Regional Price Parity of 92.1 (US average = 100). It is 7.9% less expensive than the national average.
- What salary do I need to live in Omaha, NE?
- If you earn $100,000 in a US-average city (RPP 100), you would need approximately $92,100 in Omaha, NE to maintain the same purchasing power.
- What is the average rent in Omaha, NE?
- The HUD Fair Market Rent for a 2-bedroom in Omaha, NE is approximately $1,170 per month as of FY2024.
- Are people moving to or away from Omaha, NE?
- Based on IRS tax-return migration data for 2021-2022, about 47,940 people moved into the Omaha, NE metro and 47,824 moved out — a net gain of roughly 116 residents. The largest single source of new residents was Lancaster County, NE.
Curated nearby & similar cities
Similar verified metros by RPP
These links are chosen by data proximity: closest overall RPP to Omaha, NE, with HUD 2-BR rent as a tie-breaker.
Curated cost-of-living comparisons for Omaha, NE
Side-by-side cost of living and the equivalent salary you'd need — pick a destination.