Cost of Living: Omaha, NE vs Cambridge, MA (2026)

Omaha

Nebraska
80
VS

Cambridge

Massachusetts
239

Omaha is 67% cheaper than Cambridge.

$1,150/mo ↓ 58%
Median Rent
$2,742/mo ↑ 138%
$72,708/yr ↓ 43%
Median Income
$126,469/yr ↑ 74%
$230,100 ↓ 78%
Home Value
$1,040,500 ↑ 352%
$1,249/mo ↓ 53%
Owner Costs
$2,634/mo ↑ 111%
488,197
Population
117,794

Tax Comparison

6.64%
Income Tax
9.0%
5.5%
State Sales Tax
6.25%
1.73%
Property Tax
1.15%

Affordability

19.0%
rent-to-income
Affordability
26.0%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Cambridge, MA, the overall cost of living indices are 80 and 239 respectively (national median = 100). Rent is $1,592/month cheaper in Omaha, saving renters about $19,104/year.

Median household income is $53,761/year higher in Cambridge. Home values also differ significantly — the median in Omaha is $230,100 compared to $1,040,500 in Cambridge.

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

Frequently Asked Questions

Omaha vs Cambridge — common questions

Is Omaha or Cambridge cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 239 (US average = 100).
What is the rent difference between Omaha and Cambridge?
Median rent in Omaha is $1,150/month and in Cambridge it's $2,742/month — a difference of $1,592/month.
Which city has higher income, Omaha or Cambridge?
Median household income is $72,708 in Omaha and $126,469 in Cambridge. Median household income is $53,761/year higher in Cambridge.
How do taxes compare between Nebraska and Massachusetts?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Massachusetts has 9.0% income tax, 6.25% sales tax, and 1.15% property tax.
Should I move to Omaha or Cambridge?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Cambridge has a cost index of 239 with rent of $2,742/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Cambridge details →

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