The Cost of Living in OMAHA, Nebraska in 2024
In today's video we explore the COST OF LIVING in Omaha, Nebraska. How does the cost of living in Omaha compare to other cities across the United States? What about the cities that often migrate to Omaha? How does Omaha compare to the national average? How does Omaha compare to the national average in regard to housing, utilities, transportation, and groceries? What are some of the unexpected costs you will find in Omaha? What about the state income tax? What about the state sales tax and local taxes? What about property taxes? All of these questions and more will be answered in today's video!
🏠 BUYING or SELLING real estate in Omaha, Nebraska? 📞 Call/Text (402) 490-6771
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Chapters:
00:00 Intro to Cost of Living in Omaha
00:44 Cost of Living in Omaha Compared to the National Average
02:25 Where are People Relocating to Omaha Coming From
04:37 Omaha Rankings for Cost of Living
05:33 Omaha, NE vs Seattle, WA
08:39 Taxes in Omaha, Nebraska
10:32 Homeowners Insurance
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Thanks for watching!
David Matney
Nebraska Realty
17117 Burt St
Omaha, NE 68118
☎️ Call/Text: 402-490-6771
📨 Email: davidmatney@nebraskarealty.com
💻 Website: livinginomaha.com/
#CostofLivinginOmaha #OmahaCostofLiving #OmahaRealEstate
Пікірлер: 55
🔴 The Top REGRETS When Moving to Omaha! ▶ kzread.info/dash/bejne/nH-FppqlgcK3ZJs.htmlsi=9uFqlbROFmX2DQbg
Its got very expensive in the past few years! the property taxes have gone so much higher (deadly levels) and so has insurance, then everything else is just inflationary high! For those of us who have lived here for a long time its going downhill on everything!
@DavidMatney
2 ай бұрын
I can not disagree, hard to believe how fast and how high prices have gone. Thanks for the comment.
@weignerg
Ай бұрын
Not too hard to believe considering all the relatively more wealthy people relocating to Omaha from places where they were previously making 2-3 time as much as we normally do.
@DavidMatney
Ай бұрын
@@weignerg You are correct. Thanks for the comment.
Lived here for the past 3 years can't wait to leave
@DavidMatney
Ай бұрын
Thanks for the comment. Just curious, what is your lease favorite part of living in Omaha?
@thatcrazyfriend
Ай бұрын
@@DavidMatney just Nebraska in general it is purgatory milk toast. Absolutely no character feels flat treeless just not my place. It's all just cookie cutter depressing devolpments most of these neigborhoods all the houses look the same and are so close together. Headed to the mountains of New Hampshire.
Happy Easter to you i actually had family coming to surprise me and took them around and they loved it and yes I yoused your videos to show them around
@DavidMatney
3 ай бұрын
Ricardo, that is fantastic! Remember, if they decide to move to Omaha and it they need an agent, let me know. Thanks for the comment!
I have enjoyed all of your videos. Appreciate what you do. Since you brought up roofing, that happens to be my business.😊
@DavidMatney
Ай бұрын
Ben, thanks for the kind words. What mistakes do you see people making when it comes to roofing in the Midwest?
@BenLipseyNE
Ай бұрын
@DavidMatney buckle up. LOL this is going to be a long one. I'm also using talk to text so bear with me. 1st. Due Diligence. If your neighbor has been in the business for 20 years. Not a bad place to start. For instance My parents are BBB/ Consumer Reports fans. Research some companies make sure they have a license they are bonded insured etc. 2nd. Perhaps a Salesman mentions they can save you money or help with your deductible. Besides being insurance fraud. It's not worth it... that company is going to try to make up that money somewhere else. I am literally helping someone with that exact situation. The previous company used inferior products. Also, some homeowners may think. During an insurance claim . If you get lower estimates, you can keep the extra money. You cannot! You are pretty much doing the insurance company's job for them. also, can be insurance fraud... 3rd. This one's important. And it's about attic ventilation. It starts with basic physics. What I see quite often. Mini customers will state. My upstairs is hot and or my attic is hot can you put another vent on my roof. Adding more vents, is most likely not the solution. Apologies for the grammar. You're welcome to reach out ask questions anytime. phone calls probably better. 😆
@DavidMatney
Ай бұрын
Love it! Thank you!
Im a creighton bluejays fans! I like omaha. I used to go to some uno hockey games on some weekends! But im mostly a bluejays fan since 2014. P.s i love runza
@rarebreed4512
Ай бұрын
There's soooo much more than Runza my guy. Update from the cliche
Imagine paying 375k to live at 56th and Leavenworth... should put on the Omaha Scanner some night and listen to how much goes down in Elmwood Park.
Great video
@DavidMatney
3 ай бұрын
Thank you!
*Cries in California * great video though! Thanks for letting me check it and your channel out!
@DavidMatney
3 ай бұрын
Andrew, thank you! I already implemented several of your recommendations. I appreciate the kind words and for taking the time to comment.
I sold my home in Dundee in 2017 and moved out of state. I am back for the 1st time staying at in laws for 2 weeks in midtown and I’m amazed at how much has changed. Some good some imo bad. Overall the vibe is the same, the people look the same. I could never live here again but I get the appeal
@DavidMatney
28 күн бұрын
@matthewsmith2362 Welcome back and enjoy your stay! Just curious, where did you move to?
Omaha is great! Would move back if I had to.
@DavidMatney
Ай бұрын
Thanks for the comment. Just curious, where did you move to?
Very informative
@DavidMatney
27 күн бұрын
Thanks
Good video keep up the good work and I think omaha will be like the big city like in the 50 year and I am really surprised there no cap ob property taxes and I thought the Casino will pay half of the property taxes
@DavidMatney
27 күн бұрын
Thanks for the support. I am not sure how we fix the property tax situation.
I live in arizona, and it takes 45 minutes to work.
I moved to Omaha a year ago. The real estate taxes are ridiculous. Yes you can buy a home cheaper but the taxes are twice as much. Same with house and car insurance. It is 50% more than most place. Weather is miserable! Hot and humid in the summer cold in the winter!! Don't believe that food is a cheaper either! It's not! It is definitely not cheap to live here!
@DavidMatney
Ай бұрын
@svecch69 Thanks for sharing. Just curious, where did you move from?
@carrie5362
Ай бұрын
I moved back here from DFW area (Carrollton) Texas...and it is way more expensive to live here, especially in Papillion. Taxes are ridiculous I literally pay as much in property taxes and insurance as I do on my mortgage principal and interest every month. Also vehicle registration is bonkers too I paid $65 in Texas, here it's around $450 every year for the same car. And food is so expensive here for less quality. After you calculate all the taxes and fees they charge you here I doubt NE is anywhere near beating the national average.
@svecch69
Ай бұрын
@@DavidMatney Douglas County, Colorado
@sunnohh
8 күн бұрын
It’s like a fraction of illinois for all those thing tho
I would never guess "housing costs" I live in Omaha and real estate prices here are insane! Housing is not affordable....
Ive heard countless out of towners call Omaha a hidden gem.
@barringtonmorris90
Ай бұрын
It’s not.
Property taxes are HIGH. Friend lives in Long Beach, CA and is paying $2,000 a year in property taxes! Her home is a Million dollar home! My property taxes are $5,000 a year, not a million dollar! No doubt, Nebraska is THE TAX ME STATE!
@DavidMatney
16 күн бұрын
100% correct! Thanks for the comment.
@sunnohh
8 күн бұрын
But we have almost no income tax versus living in CA, like my $3000 house tax more than offsets the $45,000 more in taxes Id pay at my income in CA
Omaha’s reputation for cost of living is an illusion. When you factor in the ridiculous taxes it is more expensive than the majority of U.S. states. The two largest expenses any American faces is their home and vehicle. And in Omaha, the cost of owning either of those is much higher than almost anywhere else. Your mortgage payment on a house will be almost 40% higher than a similarly priced home anywhere else when you factor in taxes and insurance. Additionally, the cost to register and insure your vehicle is higher than almost anywhere else. When you take these factors into account, and add in the fact that there is absolutely NOTHING exciting to do within hundreds of miles, Omaha is a place that people should avoid living in at all costs.
@sunnohh
8 күн бұрын
Omaha is dirt cheap, lol
@Yoursistersazz
Күн бұрын
This is not true
I would say it’s getting expensive. The minimum requirement for a lot to build a house in Elkorn is $300k.
I have lived in several places, and was a professional driver nationwide for almost ten years. Omaha has some of the absolute WORST drivers I have ever seen.
@DavidMatney
Күн бұрын
I have heard that before. Thanks for the comment.
Omaha is going to die with Warren Buffett. Des Moines is a suburb like city that is centrally located 2-4 hour drive from more cities.
Dude shut up don't tell them. I-80 is deadlock EVERY DAMN DAY 7-9am and 4-6pm. I used to drive from council bluffs to west O during rush hour in 20 minutes. Would be over an hour now. Too many ppl moving here, we are losing our small town city day by day and I hate it.
@DavidMatney
Ай бұрын
Rob, many of the people I have helped decided to move back after dealing with our weather. Thanks for the comment.
@jasonhalberg6348
Ай бұрын
@@DavidMatney Weather... the weater has been terrible! Tornados and TONS if hail damage. The weather has been the worst this year.
@DavidMatney
Ай бұрын
@@jasonhalberg6348 Facts!
Services expensive here, some hotel are not clean but 200$ a night, run away.
@Yoursistersazz
Күн бұрын
False