CostIndexUSA

Idaho Falls, ID vs Omaha, NE Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ID
Idaho Falls
94.4
overall index
$1,400/mo rent
More AffordableNE
Omaha
91.9
overall index
$1,400/mo rent

Omaha is slightly cheaper than Idaho Falls — 2.6% lower overall cost of living.

To match an $80,000 salary in Idaho Falls, you would need $77,900 in Omaha. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+2.9%
Idaho Falls
84
Omaha
86.4
🛒 Groceries2.2%
Idaho Falls
96.2
Omaha
94.1
🚗 Transportation6.1%
Idaho Falls
103.9
Omaha
97.6
🏥 Healthcare6.1%
Idaho Falls
94
Omaha
88.3
Utilities+9.6%
Idaho Falls
69.7
Omaha
76.4

Salary Equivalency Calculator

Enter your current salary in Idaho Falls to see what you'd need to earn in Omaha to maintain the same purchasing power.

$
Equivalent salary in Omaha, NE
$77,900
$2,100 less needed in Omaha

Formula: salary × (91.9 ÷ 94.4) = salary × 0.9735. Based on BEA Regional Price Parities.

Housing Market

Idaho Falls, ID

Median Home Price
$399,000
Median Monthly Rent
$1,400
Housing Index
84
Price-to-Rent Ratio
23.8×

Omaha, NE

Median Home Price
$295,000
Median Monthly Rent
$1,400
Housing Index
86.4
Price-to-Rent Ratio
17.6×

Omaha has 2.9% higher housing costs compared to Idaho Falls.

Income & Job Market

Idaho Falls, ID

Median Household Income
$75,800
Per Capita Income
$43,200
Unemployment Rate
2.1%
Population
64,818
Top Industries
EnergyHealthcareAgricultureRetailGovernment

Omaha, NE

Median Household Income
$81,400
Per Capita Income
$46,400
Unemployment Rate
2.6%
Population
486,051
Top Industries
FinanceInsuranceHealthcareTelecommunicationsManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Idaho Falls, ID
4.5×income-to-rent ratio

78% of income left after rent (median)

Omaha, NE
4.8×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.