Cost of Living: Omaha, NE vs Evansville, IN (2026)

Omaha

Nebraska
80
VS

Evansville

Indiana
57

Omaha is 40% more expensive than Evansville.

$1,150/mo ↑ 21%
Median Rent
$949/mo ↓ 17%
$72,708/yr ↑ 39%
Median Income
$52,251/yr ↓ 28%
$230,100 ↑ 78%
Home Value
$129,100 ↓ 44%
$1,249/mo ↑ 36%
Owner Costs
$919/mo ↓ 26%
488,197
Population
116,441

Tax Comparison

6.64%
Income Tax
3.05%
5.5%
State Sales Tax
7.0%
1.73%
Property Tax
0.83%

Affordability

19.0%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Evansville, IN, the overall cost of living indices are 80 and 57 respectively (national median = 100). Rent is $201/month cheaper in Evansville, saving renters about $2,412/year.

Median household income is $20,457/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $129,100 in Evansville.

Indiana has a lower income tax rate, making Evansville slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Evansville — common questions

Is Omaha or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 80 (US average = 100).
What is the rent difference between Omaha and Evansville?
Median rent in Omaha is $1,150/month and in Evansville it's $949/month — a difference of $201/month.
Which city has higher income, Omaha or Evansville?
Median household income is $72,708 in Omaha and $52,251 in Evansville. Median household income is $20,457/year higher in Omaha.
How do taxes compare between Nebraska and Indiana?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Omaha or Evansville?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Evansville details →

More Comparisons

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