Cost of Living: El Paso, TX vs Omaha, NE (2026)

El Paso

Texas
67
VS

Omaha

Nebraska
80

El Paso is 16% cheaper than Omaha.

$1,041/mo ↓ 9%
Median Rent
$1,150/mo ↑ 10%
$58,734/yr ↓ 19%
Median Income
$72,708/yr ↑ 24%
$171,700 ↓ 25%
Home Value
$230,100 ↑ 34%
$1,044/mo ↓ 16%
Owner Costs
$1,249/mo ↑ 20%
678,147
Population
488,197

Tax Comparison

0%
Income Tax
6.64%
6.25%
State Sales Tax
5.5%
1.6%
Property Tax
1.73%

Affordability

21.3%
rent-to-income
Affordability
19.0%
rent-to-income

Detailed Comparison

When comparing El Paso, TX and Omaha, NE, the overall cost of living indices are 67 and 80 respectively (national median = 100). Rent is $109/month cheaper in El Paso, saving renters about $1,308/year.

Median household income is $13,974/year higher in Omaha. Home values also differ significantly — the median in El Paso is $171,700 compared to $230,100 in Omaha.

Texas has no state income tax, giving El Paso residents a significant tax advantage over Nebraska's 6.64% rate.

Frequently Asked Questions

El Paso vs Omaha — common questions

Is El Paso or Omaha cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 80 (US average = 100).
What is the rent difference between El Paso and Omaha?
Median rent in El Paso is $1,041/month and in Omaha it's $1,150/month — a difference of $109/month.
Which city has higher income, El Paso or Omaha?
Median household income is $58,734 in El Paso and $72,708 in Omaha. Median household income is $13,974/year higher in Omaha.
How do taxes compare between Texas and Nebraska?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax.
Should I move to El Paso or Omaha?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/mo, while Omaha has a cost index of 80 with rent of $1,150/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View El Paso details → View Omaha details →

More Comparisons

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