Cost of Living: Lincoln, NE vs Omaha, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,175/mo in Lincoln, NE versus $4,175/mo in Omaha, NE. In the model, rent is about 15.22% of gross in Lincoln, NE versus 16.77% in Omaha, NE, so Lincoln, NE tends to feel more affordable for rent.

Take-home in Lincoln, NE
$4,175/mo
Income level: near
Take-home in Omaha, NE
$4,175/mo
Income level: near
Rent share (1BR) in Lincoln, NE
15.22%
COLI tier: mid-range
Rent share (1BR) in Omaha, NE
16.77%
COLI tier: lower-cost

Compare cost of living, rent, housing prices, and salary affordability between Lincoln, NE and Omaha, NE.

At a glance

  • Cheaper overall (lower cost-of-living index): Omaha, NE
  • Lower rent (median 1BR/2BR): Lincoln, NE
  • Lower home prices: Omaha, NE
  • Higher median household income: Omaha, NE

Cost of Living Index

Lincoln, NE: 100 (U.S. = 100) · Omaha, NE: 87.2 (U.S. = 100)

Omaha, NE has a lower cost-of-living index than Lincoln, NE, so a given salary generally stretches further there.

Median Rent

Lincoln, NE: $993/mo (midpoint of 1BR/2BR) · Omaha, NE: $1,093/mo

Median rent in Omaha, NE is $100/mo higher than in Lincoln, NE.

Median Home Price

Lincoln, NE: $248,200 · Omaha, NE: $230,100

Median home price in Lincoln, NE is $18,100 higher than in Omaha, NE.

Median Household Income

Lincoln, NE: $69,991 · Omaha, NE: $72,708

Omaha, NE has a higher median household income than Lincoln, NE by $2,717.

Lincoln, NE overview · Omaha, NE overview · Popular comparisons