Quality of Life in Omaha, NE on a $174,900 Annual Salary

Cost of Living

• Affordability: Omaha is known for its relatively low cost of living compared to other major cities in the United States. Residents enjoy a cost of living that is approximately 10-15% below the national average.
• Expenses: Essentials such as groceries, transportation, and utilities are generally cheaper, making it easier for individuals earning $174,900 to manage their finances comfortably.

Housing Market

• Home Prices: The median home price in Omaha is significantly lower than the national median, which allows individuals with a salary of $174,900 far more purchasing power in the housing market.
• Market Stability: Omaha's housing market is considered stable, with modest annual appreciation rates, providing both affordability and potential for long-term investment.

Quality of Life

• Work-Life Balance: With a moderate population size, Omaha offers shorter commute times compared to larger metropolitan areas, enhancing the work-life balance.
• Cultural Amenities: The city provides a variety of cultural and recreational activities, including museums, theaters, parks, and a vibrant local music scene.

Access to Healthcare

• Healthcare Facilities: Omaha boasts a strong healthcare system with several hospitals recognized for high-quality care and specialized services.
• Healthcare Costs: Healthcare expenses are in line with or slightly below the national average, ensuring accessible and affordable care for residents.

Quality of K-12 Schools

• Public Education: Omaha is home to a number of high-performing public schools, offering diverse programs and extracurricular activities.
• Private and Charter Schools: There are also options available for private and charter education, providing families with different educational pathways to suit their needs.

Summary

Overall, an individual earning $174,900 annually in Omaha, NE, enjoys a high quality of life characterized by affordable living conditions, accessible healthcare, and quality educational options. The combination of these factors with the city's cultural and recreational opportunities makes Omaha an attractive place for families and professionals alike.