NE metros
Cost of living across major NE metropolitan areas.
What living in NE costs
Across the 2 NE metros we track, the typical cost-of-living index is 92.5 against a national metro median of 95.7 — about 3% cheaper than the typical US metro. That ranks NE 16 of the 48 states we cover, counting from the cheapest.
The state is not uniform: Lincoln, NE is the cheapest metro at 91.9, while Omaha, NE runs 92.5 — a spread of 1% between them.
A typical NE home costs $310,337, or about 3.9× median household income, and typical rent is $1,444/mo.
Taxes in NE
NE levies a state income tax on top of the federal one. Effective property tax runs about 1.7% of home value in a typical NE metro, and combined state and local sales tax is around 7%.
Property tax is the one that scales with housing, so it bites hardest in the pricier metros above. Per-metro figures are on each metro page.
| Metro | COL index | Median home | Median rent |
|---|---|---|---|
| Omaha, NE | 92.5 | $310,337 | $1,444 |
| Lincoln, NE | 91.9 | $304,242 | $1,344 |
Cities & towns in NE (6)
Local property tax, home values and school scores for each place.