Is Omaha, NE cheaper than Lincoln, NE?

Based on cost of living data, Omaha, NE is 0.0% cheaper than Lincoln, NE. The two cities have very similar living costs.

What salary do I need in Omaha, NE to live like I do in Lincoln, NE?

If you earn $150,000 in Lincoln, NE, you'd need approximately $150,000 in Omaha, NE to maintain the same standard of living.

How does housing cost compare between Lincoln, NE and Omaha, NE?

Housing in Omaha, NE is 0.0% cheaper than in Lincoln, NE. For a two-bedroom apartment, rent is $1,450/month in Omaha, NE compared to $1,230/month in Lincoln, NE.

How much can I save per month by moving from Lincoln, NE to Omaha, NE?

Lincoln, NE and Omaha, NE have very similar costs of living, based on a $150,000 salary.

Lincoln, NE vs Omaha, NE: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Lincoln, NE

Numbers update automatically as you type

Lincoln, NE and Omaha, NE have similar living costs

$150.0K in your current city equals $150.0K in Omaha, NE

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

→ 0.0%

Same cost

Monthly Impact

No change

Annual Impact

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Lincoln, NE

Population:295K

Cost Index:

100

100 = national average

Median Home:$274K

Omaha, NE

Population:486K

Cost Index:

100

(national average)

Median Home:$282K

Lincoln, NE

The Cornhusker State

295K

Population

State Tax

Yes

Located in Nebraska, this city has a population of 295K residents.

Omaha, NE

The Cornhusker State

486K

Population

State Tax

Yes

Located in Nebraska, this city has a population of 486K residents.

Cost Breakdown by Category

Annual spending: Lincoln, NE vs Omaha, NE

Category	Lincoln, NE	Omaha, NE	Difference	Change
Other	$1,574/mo	$1,624/mo	↑ $50.22more	3.2%
Housing	$2,105/mo	$2,105/mo	→ $0	0.0%
Groceries	$949/mo	$949/mo	→ $0	0.0%
Transportation	$1,243/mo	$1,243/mo	→ $0	0.0%
All Utilities	$470/mo	$470/mo	→ $0	0.0%
Healthcare	$682/mo	$682/mo	→ $0	0.0%

Other

↑ 3.2%

Lincoln, NE

$1,574

Omaha, NE

$1,624

Difference

$50.22

Housing

→ 0.0%

Lincoln, NE

$2,105

Omaha, NE

$2,105

Difference

same

Groceries

→ 0.0%

Lincoln, NE

$949

Omaha, NE

$949

Difference

same

Transportation

→ 0.0%

Lincoln, NE

$1,243

Omaha, NE

$1,243

Difference

same

All Utilities

→ 0.0%

Lincoln, NE

$470

Omaha, NE

$470

Difference

same

Healthcare

→ 0.0%

Lincoln, NE

$682

Omaha, NE

$682

Difference

same

🏠Rent Comparison

Studio

From$920

To$1,160

↑ $240

1 Bed

From$1,000

To$1,220

↑ $220

2 Bed

From$1,230

To$1,450

↑ $220

3 Bed

From$1,705

To$1,920

↑ $215

Lincoln, NEZIP-level data

1BR range: $820–$1,350/mo

Omaha, NEZIP-level data

1BR range: $960–$1,720/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,022

Monthly in Lincoln, NE

$7,073

Monthly in Omaha, NE

$50.22

Difference

Home Values

Lincoln

Omaha

$274K

Median Value

$282K

↑ +3.8%

YoY Change

↑ +1.2%

↑ +36%

5-Year Change

↑ +31.7%

$194K - $575K

Price Range

$129K - $441K

Homes in Omaha are 3% more expensive than Lincoln

Calculate payment - Lincoln Calculate payment - Omaha

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Lincoln, NE

Federal Income Tax

Effective: 18.9%

$25.5K

Nebraska State Tax

Effective: 6.2%

$9.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.9%

$46.3K

Take-Home Pay

$8,638/month

$103.7K

Omaha, NE

Federal Income Tax

Effective: 18.9%

$25.5K

Nebraska State Tax

Effective: 6.2%

$9.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.9%

$46.3K

Take-Home Pay

$8,638/month

$103.7K

Additional Tax Information

Lincoln, NE Tax Rates

Sales Tax:7.0%

Property Tax:1.8%

Omaha, NE Tax Rates

Sales Tax:7.0%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.