Cost of Living: Omaha, NE vs Grand Island, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,175/mo in Omaha, NE versus $4,175/mo in Grand Island, NE. In the model, rent is about 16.77% of gross in Omaha, NE versus 13.3% in Grand Island, NE, so Grand Island, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Omaha, NE and Grand Island, NE.
At a glance
- Cheaper overall (lower cost-of-living index): Omaha, NE
- Lower rent (median 1BR/2BR): Grand Island, NE
- Lower home prices: Grand Island, NE
- Higher median household income: Omaha, NE
Cost of Living Index
Omaha, NE: 87.2 (U.S. = 100) · Grand Island, NE: 100 (U.S. = 100)
Omaha, NE has a lower cost-of-living index than Grand Island, NE, so a given salary generally stretches further there.
Median Rent
Omaha, NE: $1,093/mo (midpoint of 1BR/2BR) · Grand Island, NE: $868/mo
Median rent in Omaha, NE is $225/mo higher than in Grand Island, NE.
Median Home Price
Omaha, NE: $230,100 · Grand Island, NE: $202,600
Median home price in Omaha, NE is $27,500 higher than in Grand Island, NE.
Median Household Income
Omaha, NE: $72,708 · Grand Island, NE: $62,439
Omaha, NE has a higher median household income than Grand Island, NE by $10,269.
Omaha, NE overview · Grand Island, NE overview · Popular comparisons