Austin is 68% more expensive than Omaha.
When comparing Austin, TX and Omaha, NE, the overall cost of living indices are 134 and 80 respectively (national median = 100). Rent is $505/month cheaper in Omaha, saving renters about $6,060/year.
Median household income is $18,753/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $230,100 in Omaha.
Texas has no state income tax, giving Austin residents a significant tax advantage over Nebraska's 6.64% rate.
Austin vs Omaha — common questions
Other cost of living comparisons for Austin and Omaha