CostIndexUSA

Omaha, NE vs Twin Falls, ID Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostNE
Omaha
91.9
overall index
$1,400/mo rent
ID
Twin Falls
92.1
overall index
$1,675/mo rent

Omaha and Twin Falls have nearly identical costs of living.

Category Breakdown

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

🏠 Housing14.6%
Omaha
86.4
Twin Falls
73.8
🛒 Groceries+2.2%
Omaha
94.1
Twin Falls
96.2
🚗 Transportation+6.5%
Omaha
97.6
Twin Falls
103.9
🏥 Healthcare+6.5%
Omaha
88.3
Twin Falls
94
Utilities8.4%
Omaha
76.4
Twin Falls
70

Salary Equivalency Calculator

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

$
Equivalent salary in Twin Falls, ID
$80,200
$200 more needed in Twin Falls

Formula: salary × (92.1 ÷ 91.9) = salary × 1.0022. Based on BEA Regional Price Parities.

Housing Market

Omaha, NE

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

Twin Falls, ID

Median Home Price
$371,000
Median Monthly Rent
$1,675
Housing Index
73.8
Price-to-Rent Ratio
18.5×

Omaha has 14.6% lower housing costs compared to Twin Falls.

Income & Job Market

Omaha, NE

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

Twin Falls, ID

Median Household Income
$66,100
Per Capita Income
$37,700
Unemployment Rate
2.5%
Population
50,085
Top Industries
AgricultureHealthcareManufacturingRetailGovernment

Affordability at a Glance

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

Omaha, NE
4.8×income-to-rent ratio

79% of income left after rent (median)

Twin Falls, ID
3.3×income-to-rent ratio

70% 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.