Omaha, NE vs Billings, MT: 80 vs 86

$1,150/mo ↑ 5%

Median Rent

$1,097/mo ↓ 5%

$72,708/yr ↑ 1%

Median Income

$71,855/yr ↓ 1%

$230,100 ↓ 26%

Home Value

$311,800 ↑ 36%

$1,249/mo ↑ 6%

Owner Costs

$1,177/mo ↓ 6%

488,197

Population

118,321

Detailed Comparison

When comparing Omaha, NE and Billings, MT, the overall cost of living indices are 80 and 86 respectively (national median = 100). Rent is $53/month cheaper in Billings, saving renters about $636/year.

Median household income is $853/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $311,800 in Billings.

Nebraska has a lower income tax rate, making Omaha slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Billings — common questions

Is Omaha or Billings cheaper to live in?

Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 86 (US average = 100).

What is the rent difference between Omaha and Billings?

Median rent in Omaha is $1,150/month and in Billings it's $1,097/month — a difference of $53/month.

Which city has higher income, Omaha or Billings?

Median household income is $72,708 in Omaha and $71,855 in Billings. Median household income is $853/year higher in Omaha.

How do taxes compare between Nebraska and Montana?

Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Montana has 6.75% income tax, 0% sales tax, and 0.74% property tax.

Should I move to Omaha or Billings?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Billings has a cost index of 86 with rent of $1,097/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Omaha, NE vs Billings, MT (2026)

Omaha

Billings

Tax Comparison

Affordability

Detailed Comparison

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