Omaha is 12% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Omaha to live the same way.
🏠 Rent per month
$1,649
$1,448
🛏️ 2-bedroom rent
$1,805
$1,367
💵 Families earn per year
$87,192
$78,947
🔑 Buying a house
$362,200
$245,500
📊 Overall prices (U.S. = 100)
104.8
91.9
🏛️ Property tax per year
$4,339
$4,128
⚡ Electric bill per month
$91
$131
👥 People living there
427,246
488,837
Commute to work
22 min
19.6 min
College degree
55.5%
40.1%
Own their home
47.7%
57.4%
Below poverty line
16%
13.5%
Unemployment
5.9%
4.2%
Bottom line
- Pick Minneapolis for higher incomes, a more educated workforce.
- Pick Omaha for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Minneapolis | Omaha | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $61,040 | +55% in Omaha |
| Plumber | $101,630 | $63,400 | -38% in Omaha |
| Market Research Analyst | $97,910 | $62,280 | -36% in Omaha |
| Server (Waiter/Waitress) | $25,920 | $34,290 | +32% in Omaha |
| Carpenter | $74,060 | $52,800 | -29% in Omaha |
| Electrician | $81,890 | $62,440 | -24% in Omaha |
| Elementary School Teacher | $79,730 | $62,670 | -21% in Omaha |
| HVAC Technician | $77,490 | $62,570 | -19% in Omaha |
Frequently asked questions
Is Minneapolis or Omaha cheaper to live in?
Omaha is about 12% cheaper overall. Rent is $1,448 a month there versus $1,649 in Minneapolis.
What salary do I need in Omaha to match $60,000 in Minneapolis?
About $52,610 a year gives the same standard of living in Omaha.
Where do people earn more, Minneapolis or Omaha?
The typical household earns $87,192 in Minneapolis and $78,947 in Omaha, 10% more in Minneapolis.