Omaha, NE, US
Warren Buffett's hometown with a thriving tech sector and rock-bottom cost of living.
Overview
Omaha is a city in NE with a population of 485,153. Warren Buffett’s hometown with a thriving tech sector and rock-bottom cost of living. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 4b growing zone supports Cold — cool-season crops, hardy perennials. A large share of residents hold a bachelor’s degree or higher.
Last updated: September 12, 2026
Below Average vs US Avg (100)
Affordable
Household income
Job market health
Omaha vs US Average
Taxes
- State Income Tax: 6.6%
- Sales Tax: 7.0%
Economy & Jobs
- Median Income: $62,000
- Unemployment: 2.8%
- Population: 485,153
Climate
- Sunny Days: 214/year
- Summer High: 87°F
- Winter Low: 14°F
- Farming Zone: USDA Zone 4b
Housing
- Median Home: $240,000
- 1BR Rent: $1050/mo
Cost of Living
Omaha's cost of living index is 91.5 (US average = 100).
| Category | Omaha | National Average | Difference |
|---|---|---|---|
| Overall | 91.5 | 100 | -8.5% |
| Housing | 82.8 | 100 | -17.2% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | $240,000 |
| Median Rent (1BR) | $1050/mo |
| Median Rent (2BR) | $1,313/mo |
| Price per Sq Ft | $160 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Omaha:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | $95 | Based on ~900 kWh/month typical US household usage |
| Heating & Cooling | $83 | Estimated based on local climate. Gas or electric |
| Cooling (AC) | $2 | Estimated based on local climate and electricity rates |
| Water | $45 | Includes sewer |
| Internet (100+ Mbps) | $60 | Broadband average |
| Garbage / Trash | $25 | Private service |
| Total Utilities | $310 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
Omaha scores —/100 for remote work readiness:
Climate
Omaha has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 34°F | 14°F | 2.5" |
| April | 72°F | 29°F | 2.8" |
| July | 87°F | 62°F | 1.5" |
| October | 67°F | 32°F | 2.2" |
Cold — cool-season crops, hardy perennials
Natural Hazards
Omaha faces the following natural hazards:
Tornado Alley with frequent tornadoes.
Missouri River flooding.
Severe winter storms.
Summer heat waves.
Frequent drought conditions.
Wildfire risk in grassland areas.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 6.64%
- Sales Tax: 7%
- Property Tax: ~1.71% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.8%.
Crime & Safety
Crime rates in Omaha per 100,000 residents:
Data source: FBI Uniform Crime Reporting
Schools & Education
Data source: National Center for Education Statistics (NCES)
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Demographics
The population of Omaha is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
Data source: US Census Bureau American Community Survey (ACS) (2023)
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Omaha, NE, US?
The cost of living index in Omaha is 91.5, which is Lower the US national average of 100.
How much does it cost to buy a home in Omaha?
The median home price in Omaha is $240,000. The housing index is 82.8.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Omaha is approximately $1050/mo.
Does Omaha, NE have income tax?
Omaha is in NE, which has an income tax rate of 6.64%.
What is the climate like in Omaha?
Omaha enjoys approximately 214 sunny days per year. Summer highs reach around 87°F, while winter lows can drop to around 14°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.