Cost of Living: Omaha, NE vs Chesapeake, VA (2026)

Omaha

Nebraska
80
VS

Chesapeake

Virginia
112

Omaha is 29% cheaper than Chesapeake.

$1,150/mo ↓ 24%
Median Rent
$1,523/mo ↑ 32%
$72,708/yr ↓ 23%
Median Income
$94,189/yr ↑ 30%
$230,100 ↓ 36%
Home Value
$359,100 ↑ 56%
$1,249/mo ↓ 26%
Owner Costs
$1,680/mo ↑ 35%
488,197
Population
251,153

Tax Comparison

6.64%
Income Tax
5.75%
5.5%
State Sales Tax
5.3%
1.73%
Property Tax
0.8%

Affordability

19.0%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Chesapeake, VA, the overall cost of living indices are 80 and 112 respectively (national median = 100). Rent is $373/month cheaper in Omaha, saving renters about $4,476/year.

Median household income is $21,481/year higher in Chesapeake. Home values also differ significantly — the median in Omaha is $230,100 compared to $359,100 in Chesapeake.

Virginia has a lower income tax rate, making Chesapeake slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Chesapeake — common questions

Is Omaha or Chesapeake cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 112 (US average = 100).
What is the rent difference between Omaha and Chesapeake?
Median rent in Omaha is $1,150/month and in Chesapeake it's $1,523/month — a difference of $373/month.
Which city has higher income, Omaha or Chesapeake?
Median household income is $72,708 in Omaha and $94,189 in Chesapeake. Median household income is $21,481/year higher in Chesapeake.
How do taxes compare between Nebraska and Virginia?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Omaha or Chesapeake?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Chesapeake has a cost index of 112 with rent of $1,523/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Chesapeake details →

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