Quality of Life in Omaha, NE for an Income of $122,325
An annual income of $122,325 in Omaha, NE, offers a significant advantage given the city's cost of living, which is generally lower compared to the national average. This income provides a comfortable lifestyle, with favorable conditions in housing, healthcare, and education sectors.
Cost of Living
- Overall Cost of Living: Omaha's cost of living is approximately 8% lower than the U.S. average.
- Utilities and Groceries: These are generally in line with or slightly below the national averages, making day-to-day expenses manageable.
Housing Market
- Median Home Price: The median home price in Omaha is around $230,000, which is substantially lower than the national median of approximately $375,000.
- Housing Affordability: At this income level, individuals can comfortably afford a home in middle to upper-middle-class neighborhoods.
Quality of Life
- Income Satisfaction: An income of $122,325 provides financial stability, allowing for discretionary spending, savings, and investments.
- Community and Lifestyle: Omaha offers a warm community feel with access to diverse cultural and recreational activities, enhancing overall quality of life.
Access to Healthcare
- Healthcare Facilities: Omaha is home to well-regarded hospitals and medical centers.
- Cost of Healthcare: Healthcare costs are relatively reasonable compared to other parts of the country.
Quality of K-12 Schools
- Public Education: Omaha boasts several highly-rated public schools, making it appealing for families.
- Educational Opportunities: There is also access to private and specialized education options, catering to various needs and preferences.
Assessment
With a well-rounded combination of affordable living costs, reasonable housing prices, good educational institutions, and adequate healthcare facilities, someone earning $122,325 in Omaha can enjoy a high quality of life with the potential for financial stability and personal fulfillment.
