Life

29 Cheapest Places To Live In The U.S.

Like & Follow Us On Facebook!

Omaha, Nebraska

Source: https://res.cloudinary.com/

Nicknamed the “Gateway to the West,” the largest city of Nebraska introduced the new West to the rest of the world when it hosted the Trans-Mississippi Exposition in 1898. Omaha’s central location in the country made it a significant transportation hub, keeping its economy vibrant with various job sectors, railroads, breweries, and meatpacking plants that gained global prominence.
Today, Omaha houses many Fortune 500 and Fortune 1000 companies, such as Berkshire Hathaway, Kiewit Corporation, Mutual of Omaha, and Union Pacific Corporation, presenting plenty of job prospects for white-collar workers. With diversification in a range of industries, including architecture, banking, construction, insurance, telecommunications, and transportation, Omaha’s economy continues to grow rapidly, keeping the unemployment rate low.
The city does not only offer many employment opportunities, but it’s also among the most affordable places to live in the United States, with housing and living expenses lower than the national average. Several lofts and condos are being constructed along the Missouri River, creating a supply of convenient and affordable housing for entry-level employees that have recently joined the businesses.
Cost of Living: 89.8
Median Home Value: $179,000
City Population: 466,893
Median Household Income: $53,789
Unemployment Rate: 3.0%

You may also like