Papillion, NE

Average · 93

Nebraska · Population 24,063 · Updated March 2026

$1,210
Median Rent / Month
$109,602
Median Income
$290,900
Median Home Value
$1,496
Owner Costs / Month

Affordability

How far your income goes in Papillion

13.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Nebraska

State-level tax rates that affect your costs

6.64%
Income Tax (Top Rate)
5.5%
Sales Tax
1.73%
Property Tax Rate

Estimated Annual Costs

$14,520
Annual Rent
$7,278
State Income Tax
$5,033
Property Tax (est.)

Cost of Living Overview

Papillion offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 93 (where 100 equals the national median), Papillion residents can expect to pay median rent of $1,210/month while earning a median household income of $109,602/year.

The median home value in Papillion, NE is $290,900, with typical monthly owner costs around $1,496 including mortgage, insurance, and taxes. The median rent-to-income ratio of 13.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Nebraska has a moderate income tax rate of 6.64%. Combined with a 5.5% sales tax rate and 1.73% effective property tax rate, the overall tax environment is a factor in the total cost of living in Papillion.

Frequently Asked Questions

Common questions about living costs in Papillion

What is the cost of living in Papillion, NE?
The cost of living index in Papillion, NE is 93 (US average = 100). Median monthly rent is $1,210, median household income is $109,602/year, and the median home value is $290,900.
Is Papillion, NE affordable?
Yes, Papillion is more affordable than the national average with a cost index of 93. The rent-to-income ratio is 13.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Papillion, NE?
The median gross rent in Papillion, NE is $1,210 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,520.
What is the median household income in Papillion?
The median household income in Papillion, NE is $109,602 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Nebraska?
Nebraska has a top income tax rate of 6.64%, a sales tax of 5.5%, and an effective property tax rate of 1.73%.