Omaha vs Peoria
The short version
- Overall prices are about the same in both metro areas (BEA 2024).
- The median home costs $156,200 in Peoria and $245,500 in Omaha.
- Households earn more in Omaha ($73,201 vs $59,410 median).
Side by side
| Omaha, NE | Peoria, IL | |
|---|---|---|
| People | ||
| Population (2025) | 488,797 | 110,920 |
| Growth since 2020 | -0.6% | -2% |
| People per square mile | 3,420 | 2,305 |
| Median age | 35.3 | 35.5 |
| Bachelor's degree or higher | 40% | 38% |
| Money and housing | ||
| Median household income | $73,201 | $59,410 |
| Median home value | $245,500 | $156,200 |
| Home value to income | 3.4× | 2.6× |
| Median rent (with utilities) | $1,187 | $1,005 |
| Metro price level (US = 100) | 91.9 | 91.2 |
| Housing price level (US = 100) | 86.4 | 63.8 |
| $75,000 elsewhere equals | $68,900 | $68,400 |
| Homeowners | 57% | 58% |
| Top state income tax | 4.55% | 4.95% |
| Combined sales tax | 6.98% | 8.98% |
| Work and commute | ||
| Average commute (minutes) | 19.6 | 17.9 |
| Work from home | 15% | 12% |
| Take public transit | 1% | 2% |
| Unemployment (2020-24 avg) | 4.2% | 7.5% |
| Poverty rate | 13.5% | 21% |
| Weather | ||
| January high / low | 34° / 15° | 34° / 18° |
| July high / low | 88° / 68° | 86° / 66° |
| Precipitation per year | 32 in | 38 in |
| Snowfall per year | 27 in | 26 in |
| Days 90°F or hotter | 33 | 23 |
| Nights below freezing | 134 | 118 |
| Comfortable months | 3 | 5 |
| Risks, air and home prices | ||
| Natural hazard risk (FEMA, county) | Relatively High | Relatively Moderate |
| FEMA risk score (lower is safer) | 95.9 | 90.7 |
| Good air days, 2025 | 62% | 60% |
| Home prices, past year | +4.2% | +3.7% |
| Home prices, past 5 years | +40.1% | +44.6% |
Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.
Weather, month by month
Most comfortable months: Omaha: June and September to October. Peoria: April, June and August to October.
Full monthly tables: Omaha weather by month and Peoria weather by month.
What $75,000 is worth
A $75,000 salary in an average-priced US city buys about the same as $68,900 in Omaha and $68,400 in Peoria. Moving from Omaha to Peoria, you would need about $74,400 to match a $75,000 salary.
Which would you pick?
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