Overall
91.9
-8.1 below avg
Metro cost profile · 2024 BEA RPP
Omaha, NE-IA
Cost-of-living indicators for Omaha, NE-IA, from Bureau of Economic Analysis Regional Price Parities — overall, goods, services, and rents vs the U.S. average of 100.
- 91.9
- Overall RPP
- #246
- of 387 metros
- 86.4
- Rents RPP
- $109K
- $100K national buys
The verdict
Omaha costs less than 64% of U.S. metros — an overall index of 91.9, 8.1% below the national average, with services the biggest swing at 76.4.
- 91.9
- overall cost index (US average = 100)
- #246
- most expensive of 387 U.S. metros
- bottom 36%
- by overall cost, nationwide
- 86.4
- rents RPP — the biggest budget swing
A $100,000 national salary carries the purchasing power of about $108,801 here; matching a $100K lifestyle takes roughly $91,911.
What the Numbers Mean for Omaha
Omaha ranks #246 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.9, Omaha, NE-IA is 8.1% less expensive than the national baseline of 100. The gap between Omaha's most and least expensive categories — the priciest line item versus services at 76.4 — is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $108,801 inside Omaha, while a household needs roughly $91,911 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 86.4 — 13.6% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Omaha's overall index has fallen by 4.1 points, improving relative affordability. For the 2024 data year, goods are indexed at 94.1 and services at 76.4, meaning everyday spending in Omaha is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Omaha vs every U.S. metro
Where this metro sits in the national cost distribution
92 Top 64% higher than 36% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis — Regional Price Parities · 2024
Omaha cost breakdown
BEA RPP by category — 100 = national average
- Rents
Rents
86.4 RPP
- Services
Services
76.4 RPP
- Overall
Overall
91.9 RPP
- Goods
Goods
94.1 RPP
What this shows Omaha's gap from the national average is led by services at 76.4. Goods barely move between metros; the spread you feel is housing and services.
Goods vs. housing — where Omaha's cost comes from
Metros near Omaha's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Crosshairs sit at the group median (goods 93.8, rents 70.6). Omaha is pricier than its peers on both housing and goods. These metros sit near Omaha's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures.
Price Index Summary
Goods
94.1
-5.9 below avg
Services
76.4
-23.6 below avg
Rents
86.4
-13.6 below avg
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
$91,911
in Omaha, NE-IA purchasing power
$50,000 nationally
$45,956
$75,000 nationally
$68,933
$125,000 nationally
$114,889
$150,000 nationally
$137,867
$200,000 nationally
$183,822
Use the salary calculator for custom amounts.
RPP History (2008-2024)
The cost of living has been trending downward, decreasing by 4.1 points over this period.
| Year | Overall |
|---|---|
| 2008 | 96.0 |
| 2009 | 96.2 |
| 2010 | 95.8 |
| 2011 | 94.2 |
| 2012 | 95.7 |
| 2013 | 95.1 |
| 2014 | 95.6 |
| 2015 | 94.2 |
| 2016 | 94.6 |
| 2017 | 94.1 |
| 2018 | 94.2 |
| 2019 | 94.9 |
| 2020 | 95.0 |
| 2021 | 93.8 |
| 2022 | 92.0 |
| 2023 | 92.5 |
| 2024 | 91.9 |
Metros with Similar Cost of Living
These metros have an overall RPP closest to Omaha, NE-IA's index of 91.9.
What this means for Omaha
How to read Omaha's cost of living before a move, a job offer, or a budget.
- Budget to local prices, not headline pay — a $100K national salary spends like about $108,801 in Omaha. Salary calculator
- Weigh housing heaviest: rents here index at 86.4 (13.6% below average) — the single largest swing in the RPP, while goods barely move between metros.
- Local median household income is $83,023; adjusted for Omaha's price level that is about $90,330 in national-average buying power.
- Compare Omaha head-to-head against a specific destination before you decide. Compare metros
RPP is BEA's annual price-level benchmark for the data year shown — not a live market quote. Pair it with current local wages and housing costs before deciding.
Compare to Other Metros
Cost of Living Guides
Cheapest Metros to Live in 2026
Official BEA data on the most affordable areas
Most Expensive Cities: 2026 Rankings
What drives high costs and how to cope
Salary Negotiation Using RPP Data
Calculate real purchasing power for negotiations
Comparing Metro Areas
Step-by-step BEA RPP comparison walkthrough
Frequently Asked Questions
What is the cost of living in Omaha, NE-IA? ▼
Omaha, NE-IA has a Regional Price Parity (RPP) index of 91.9, meaning it is 8.1% less expensive than the national average. Goods are indexed at 94.1, services at 76.4, and rents at 86.4. It ranks #246 out of 387 U.S. metro areas by overall cost.
What salary do I need in Omaha, NE-IA to match $100K nationally? ▼
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,911 in Omaha, NE-IA. Conversely, $100K earned in Omaha, NE-IA has the purchasing power of $108,801 at the national average.
How expensive is rent in Omaha, NE-IA? ▼
Rents in Omaha, NE-IA are indexed at 86.4, which is 13.6% below the national average. This makes the area relatively affordable for renters.
Is Omaha, NE-IA getting more expensive? ▼
From 2008 to 2024, Omaha, NE-IA's overall cost index changed by -4.1 points (from 96.0 to 91.9). The cost of living has been declining.
What metros have a similar cost of living to Omaha, NE-IA? ▼
Metros with the most similar overall cost index include Augusta-Richmond County, Bay City, Midland. These areas have RPP values within a few points of Omaha, NE-IA's 91.9.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
Related
Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.
Federal data behind these figures
- BEA Regional Price Parities (RPP) — the cost-of-living indices shown on this page. bea.gov/data/regional-price-parities
- U.S. Census Bureau, American Community Survey (ACS) — the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
- BLS Consumer Price Index (CPI) — the price program underlying BEA's goods and services price relatives. bls.gov/cpi
- BLS Occupational Employment and Wage Statistics (OEWS) — wage reference for the labor-driven services component. bls.gov/oes
- HUD Fair Market Rents (FMR) — federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr
